Wednesday, 5 August 2020

US Dollar May Extend Losses as Gold Prices Surge With Stock Markets

The US Dollar may continue to decline versus gold and growth-linked assets in an environment of high risk tolerance and buoyancy in equity markets.

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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...