Wednesday, 19 August 2020

Gold Price Drop May Continue as Fed Stimulus Hopes Unravel

Gold prices slumped after minutes from July’s FOMC meeting signaled the Fed is no hurry to expand its stimulus toolkit. Deeper losses look likely ahead.

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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...