Saturday, 11 April 2020

Gold Price Rebound May Fizzle on Coronavirus Economic Impact

Gold prices managed a spirited recovery from 2020 lows as the Fed leaned in to keep shaky credit markets from triggering a credit crisis. That may not keep liquidation pressure at bay.

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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...