Thursday, 15 July 2021

Gold Price Outlook: US Retail Sales, University of Michigan Sentiment in Focus

Gold may be at risk before the weekend if US retail sales and University of Michigan sentiment surprise higher. Still, the near-term technical outlook for XAU/USD seems to favor the upside.

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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...