Tuesday, 3 January 2023

Gold Forecast: XAU/USD New Year Rally Turns to ISM Data as Treasury Yields Dip

Gold prices rallied to start 2023 as the 10-year Treasury yield sank. Ahead, XAU/USD is eyeing ISM Manufacturing data after optimism during Wednesday’s Asia trading session.

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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...