Wednesday, 7 April 2021

Gold Prices May Turn Lower on US Fiscal Outlook, FOMC Minutes

Gold prices may fall as firming prospects for an expansive fiscal boost in the US stoke inflation expectations, lifting yields and the US Dollar. March FOMC meeting minutes may help.

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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...