Monday, 26 July 2021

Gold Price Outlook Dependent on Federal Reserve Forward Guidance

A change in the Fed’s forward guidance may produce headwinds for the price of gold if the central bank shows a greater willingness to scale back its emergency measures.

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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...