Sunday, 24 January 2021

Gold, Crude Oil Outlook: Big Week Ahead with FOMC, US Q4 GDP in Focus

Gold and crude oil prices retreated slightly ahead of a busy week: the FOMC meeting, US 4Q GDP and core PCE inflation data may lead to heightened volatility in commodity 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...