Sunday, 31 October 2021

Gold Prices Drop Before Key FOMC Meeting, ISM Data May Add Pressure

Gold prices may extend lower if ISM data stokes fears of stagflation and bolsters bets on a hawkish turn at this week’s pivotal FOMC monetary policy announcement.

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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...