Thursday, 6 October 2022

Gold Prices Nervously Await Non-Farm Payrolls Data and the Impact on the Fed

Gold’s rally noticeably slowed heading into the US non-farm payrolls report. A lot is hinging on the jobs report, namely its impact on the Federal Reserve. Expect heightened volatility risk.

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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...