Tuesday, 20 September 2022

Gold Prices Brace for the Federal Reserve, Will Chair Jerome Powell Damage XAU/USD?

Gold prices fell alongside the S&P 500 as the US Dollar outperformed. Traders are positioning themselves for the Federal Reserve. Will Chair Jerome Powell cause gold some damage?

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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...