Thursday, 8 October 2020

Gold (XAU/USD) Price Rattled by Rising US Treasury Yields

Rising US Treasury yields continue to cap bullish gold momentum with a series of short-term lower highs dominating the daily chart.

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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...