Sunday, 8 August 2021

Gold Prices May Break 2021 Floor as Fed Policy Speculation Heats Up

Gold prices may be on course to break the year-to-date floor just below the $1700/oz figure as traders appear to pull forward the timeline for Fed stimulus withdrawal.

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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...