Thursday, 7 January 2021

Gold Falls as US Political Shift Fuels Reflation Bets, Crude Oil Rally Eases

Gold and oil prices reacted to political developments in the United States, with investors favoring growth-linked assets over gold despite increased inflation odds.

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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...