Wednesday, 7 April 2021

Gold Price Outlook: Edging Higher as USD Falls, Traders Eye Powell Speech

Gold prices rebounded modestly as APAC traders digested the FOMC meeting minutes. Fed Chair Jerome Powell’s appearance at an IMF seminar on Thursday will be closely eyed.

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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...