Tuesday, 15 June 2021

Gold Prices Extend Lower as Traders Eye FOMC For Tapering Clues

Gold prices fell for a fourth day and broke a key chart support ahead of the FOMC meeting. Uncertainties surrounding the Fed’s timeline for tapering stimulus weighed on bullion and risk assets.

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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...