Thursday, 22 December 2022

Gold Price, Dow Jones, US Dollar in Focus after Supportive US GDP Revisions

Gold prices and the Dow Jones sank as the US Dollar rallied. Supportive US GDP revisions bolstered hawkish Fed policy bets. Markets are vulnerable to thin trading conditions.

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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...