Thursday, 17 December 2020

Gold, Crude Oil Price Gains at Risk on US Shutdown and SMIC Blacklisting

Gold and crude oil prices climbed, though momentum faded as the risk of a US government shutdown loomed. The remaining 24 hours for precious metal and commodity prices may be choppy.

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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...