Thursday, 13 August 2020

Gold Prices May Resume Selloff After Digesting Largest Drop in 7 Years

Gold prices might face renewed selling pressure after pausing to digest the biggest one-day drop in over seven years. Crude oil prices appear vulnerable as well.

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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...