Thursday, 28 October 2021

Gold Prices at Risk with US GDP in the Spotlight Before Upcoming FOMC

Gold prices are looking to third-quarter US GDP data to help set the stage for next week’s pivotal FOMC meeting. Chart positioning hints that a downturn may be brewing.

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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...