Sunday, 2 May 2021

Gold Prices Forecast: Hawkish Fed Comments May Cloud the Outlook

Robust US data and a Fed official’s hawkish comments may hinder upside potential for gold as traders weigh tapering risks. The US Dollar index may reverse its downward trajectory after Friday’s surge.

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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...