Thursday, 5 May 2022

Gold Price Outlook Glued to Non-Farm Payrolls as US Dollar Gains After the Fed

Gold prices reversed intraday gains as the US Dollar climbed in the aftermath of this week’s Fed hike. XAU/USD is eyeing US non-farm payrolls for its next move before the weekend.

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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...