Tuesday, 3 March 2020

Gold Price Eyes Yearly High Following Federal Reserve Rate Cut

The price of gold approaches the yearly high ($1689) as the Federal Reserve delivers an unexpected 50bp rate cut ahead of its interest rate decision on March 18.

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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...