Monday, 22 June 2020

Macro Matters: USD Rising Wedge - Gold, Oil Flirt with Breakouts

As the US Dollar shows breakdown potential, both Gold and Oil prices look to be set up for possible bullish breakouts.

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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...