Sunday, 27 June 2021

Gold Prices Fall After US PCE Data Strengthens Fed Tapering Bets

Gold prices extended lower after US core PCE growth hit the highest level since 1992, reaffirming inflationary pressures. Boston Fed President Eric Rosengren hinted at first rate hike by the end of...

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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...