Saturday, 29 February 2020

Gold Price Holds Near Yearly High Amid Growing Bets for Fed Rate Cut

The threat posed by the coronavirus may keep the price of gold afloat as the shock to the global supply chain fuels bets for lower interest rates.

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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...