Thursday, 27 August 2020

Gold Price Bounces Off Support, Volatility Picks-Up as Markets Wait for Fed Chair Powell's Speech

Gold (XAU) continues to respect the short-term supportive trend but Fed chair Jerome Powell's speech later may rattle an expectant market.

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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...