Thursday, 1 July 2021

Gold Price Drop May Resume as ISM Data Beckons Fed Action

Gold prices may face renewed selling pressure if the ISM manufacturing survey flags swelling price pressure, beckoning the Federal Reserve to begin scaling back stimulus.

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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...