Friday, 28 August 2020

Gold Prices at Risk as Yield Curve Steepens After Powell Speaks

Gold prices look vulnerable to deeper losses having fallen after Fed Chair Jerome Powell laid out an updated policy framework at a virtual Jackson Hole symposium.

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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...