Wednesday, 8 February 2023

Gold Rallies as Fed Chair Powell Sticks to Post FOMC Rhetoric

Spot gold’s rally has seen it take out the weekly high at $1885 with $1900 now in sight. Will Fed speakers spoil the party?

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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...