Friday, 16 April 2021

Gold Price Clears March High as Dovish Fed Rhetoric Drags on US Yields

The break above the March high ($1760) may push the price of gold towards the February high ($1872) as key reversal appears to be unfolding in April.

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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...