Tuesday, 27 April 2021

Gold Prices Retreat Ahead of FOMC as Traders Eye Fed Tapering

Gold prices declined for a second day as Treasury yields and the US Dollar climbed. Traders are eyeing any signs of Fed tapering at Wednesday’s FOMC meeting as the economy gathers strength.

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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...