Friday, 5 June 2020

Gold Prices Challenge Chart Support as US Jobs Data Enters Spotlight

Gold prices are challenging chart support just below the $1700/oz figure as the markets’ focus turns to May’s US employment report. Improvement on April’s blood-letting is expected.

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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...