Wednesday, 8 January 2020

Yen and Gold Sag as US-Iran Worries Ebb, But for How Long?

Japanese Yen and gold prices soared as Iran attacked US bases in Iran, then seesawed lower as markets shrugged off escalation risk. Is the shoot-out truly over?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...