Friday, 30 April 2021

Gold Prices May Fall as US PCE Data Sends Yields, Dollar Higher

Gold prices may continue to fall – brushing off dovish Fed posturing – as PCE inflation data helps drive Treasury bond yields higher alongside the US Dollar.

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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...