Tuesday, 18 August 2020

Gold Price Stages V-Shape Rebound with Federal Reserve Minutes on Tap

The FOMC Minutes may do little to derail the V-shape rebound in the price of gold as the crowding behavior in the US Dollar looks poised to persist.

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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...