Sunday, 6 March 2022

Gold Glistens as Russia Oil Embargo Threat Roils Markets. Where to for XAU/USD?

Gold prices made an 18-month high as the implications of a possible US ban on Russian oil imports ricocheted through commodities, to stocks, to bonds, to currencies.

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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...