Thursday, 11 June 2020

Gold Prices Up, Crude Oil Down with Stocks AFter Fed Meeting

Gold prices got a lift as the Fed promised to maintain an ultra-loose policy stance but sluggish progress on stimulus expansion cooled risk appetite and hurt crude oil.

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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...