Tuesday, 16 June 2020

Gold Price Holds Steady as Fed Pledges to Purchase at ‘Current Pace’

Current market conditions may keep the price of gold afloat as Fed Chairman Jerome Powell pledges to increase the central bank balance sheet over the coming months.

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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...