Monday, 20 April 2020

Gold Prices Slip Back As Oil Rout Strenghens USD's Haven Bid Instead

Gold prices retreated despite wilting risk appetite caused by oil’s sensational collapse. The US Dollar has been investors’ lifeboat of choice throughout the coronavirus disruption period.

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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...