Thursday, 16 February 2023

Gold Prices Remain Vulnerable Amid Hawkish Fedspeak and Further Hike Odds

Gold prices extended losses during Friday’s Asia-Pacific trading session. Hawkish Fedspeak further pushed up bond yields, denting XAU/USD as it broke key technical levels.

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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...