Tuesday, 6 July 2021

Gold Price Looks to FOMC Minutes as Catalyst for Volatility

Gold edged slightly higher to challenge the psychologically-significant $1,800-price level on Tuesday as bond yields dropped. Gold volatility might accelerate with FOMC minutes due Wednesday.

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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...