Tuesday, 24 August 2021

Gold Price (XAU/USD) Riding the Wave of US Dollar Weakness

Gold is back in a familiar as traders wait to see if Fed chair Jerome Powell announces a tapering timetable at the Jackson Hole Symposium.

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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...