Thursday, 18 February 2021

Gold Price Drops as Treasury Yields Rise, Will XAU/USD Fall Further?

Gold reversed lower this week after encountering technical resistance and rising Treasury yields. With the reflation trade in full swing, will gold fall further?

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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...