Sunday, 13 September 2020

Gold Price Vulnerable Ahead of FOMC amid Shift in US Dollar Sentiment

The price of gold may consolidate over the remainder of the month as the crowding behavior in the US Dollar appears to unwinding ahead of the Fed rate decision.

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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...