Thursday, 13 May 2021

Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI

Gold pulls back from key trendline as inflation data sees USD pick up momentum

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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...