Tuesday, 16 February 2021

Gold Price Eyes Monthly Low as US Yields Approach Pre-Pandemic Levels

The price of gold approaches the monthly low ($1785) as the 10-Year US Treasury yield climbs toward pre-pandemic levels and hits 1.25%.

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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...