Tuesday, 24 August 2021

Gold Price Outlook: XAU/USD Mired by Fed Symposium Risk

Gold price action has rebounded nicely from its flash crash earlier this month. XAU/USD now seeks clarity from the Fed at this week's annual Jackson Hole Symposium before making its next move.

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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...