Tuesday, 14 September 2021

Gold Price Analysis: XAU/USD Gains May Not Last on Possible CPI Overreaction

Gold prices rose overnight after a weaker-than-expected US CPI figures crossed the wires. However, bets that the weak CPI is delaying balance sheet tapering may be overdone.

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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...