Monday, 10 January 2022

Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms

Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell's confirmation hearing and incoming CPI data.

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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...