Friday, 13 November 2020

Gold Price Ebbs, S&P 500 Wavers as Consumer Sentiment Worsens

Consumer sentiment data from the University of Michigan just crossed the wires, which revealed a sharp decline, and appears to be weighing negatively on stocks as well as gold prices.

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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...