Wednesday, 4 November 2020

Gold and Crude Oil Price Outlook Hinges on Close US Election Race, Fed

Gold prices gyrated as crude oil prices rose on US election results. The race is still close and the uncertainty carries risks. Will the Fed soothe markets? Where do XAU/USD and WTI stand?

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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...