Wednesday, 12 January 2022

Gold Prices Coil Up For Breakout. Will US Inflation Data Be The Trigger?

Gold prices are coiling up for breakout as markets weigh the impact of buoyant inflation and a more hawkish Fed on real interest rates. Incoming US CPI data may trigger volatility.

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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...