Sunday, 9 January 2022

Gold Price Holds Ground as US Dollar Falls and Real Yields Rise. Where to for XAU/USD?

Gold has remained steady as a weakening US Dollar was largely offset by higher real yields in the aftermath of non-farm payroll numbers. Will XAU/USD fall?

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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...