Wednesday, 15 April 2020

Gold Prices Return Virus-Inspired Gains As US Dollar Strength Caps

Gold prices started the session a little higher on increased fears about the economic impact of Covid-19, but they failed to hold those highs despite generally poor risk appetite.

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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...