Thursday, 23 March 2023

Gold Gains After Fed’s Dovish Hike Reinforces Bullish Trend, Breakout in Play

Gold prices rise after the Fed signals that its hiking cycle in nearing its end considering recent banking sector turmoil, an outcome that would stand to benefit non-yielding precious metals.

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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...