Wednesday, 3 June 2020

Gold Prices Sink, Crude Oil Risks Falling with OPEC+ Meeting in Doubt

Gold prices sank as ADP estimated a smaller contraction in jobs ahead of NFPs. Crude oil prices may fall with the OPEC+ meeting in doubt as WTI left behind a Doji candlestick.

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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...