Thursday, 16 July 2020

Gold Prices May Fall as the US Dollar Rebounds in Risk-Off Trade

Gold prices may turn lower alongside stocks and cyclical commodities like crude oil as a defensive turn in market sentiment buoys the US Dollar.

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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...