Wednesday, 16 December 2020

Gold Prices May Drop if the FOMC Sours Stimulus Expansion Hopes

Gold prices may recoil from chart resistance if Fed officials signal that stimulus expansion is not in scope near-term at the final policy announcement of the year.

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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...