Wednesday, 17 March 2021

Gold Price Forecast: XAU/USD Jumps as Powell Commentary Deflates US Dollar

Gold moved higher after Fed Chair Powell calmed market fears about premature policy tightening despite a more optimistic set of economic projections from Federal Reserve members.

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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...