Wednesday, 12 October 2022

Gold Prices Find Optimism Before US CPI Report, That May Be Wishful Thinking

Gold prices traded rather optimistically ahead of the highly anticipated US CPI report. An upward push in core inflation would likely bode ill for XAU/USD. What are key levels to watch?

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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...