Monday, 26 October 2020

Gold Prices Wilt as Virus Spike Spurs Haven Demand. Biden Leading in Polls

Gold prices may continue to slip if concern about rising Covid-19 cases pushes the haven-linked USD higher amid waning recovery prospects. Biden continues to lead in the polls.

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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...