Thursday, 12 January 2023

XAU/USD Forecast: Gold Optimistic About Softening U.S. Inflation

Gold has been benefitted from the recent dollar selloff ahead of key US CPI data. XAU/USD currently tests the key $1880 handle.

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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...