Thursday, 22 April 2021

Gold Prices Pause Rally as India's Covid Infections Surge, US Jobless Claims Fall

Gold prices retreated from an eight-week high as India reported a record daily increase of Covid-19 cases, dampening the outlook for demand. US jobless claims fell to a fresh pandemic low.

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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...