Sunday, 21 November 2021

Gold Price Rise Hits a Wall on Hawkish Fed Comments, Key US Data Eyed

Gold prices retreated as a Fed official loudly called for faster stimulus withdrawal. US PMI, PCE and GDP data informing monetary policy bets now comes into focus.

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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...