Tuesday, 13 June 2023

Gold Price Peels Lower Despite Soft US Dollar Ahead of the Fed. Lower XAU/USD?

The gold price is struggling to gain ground in the aftermath of US CPI data that dented the US Dollar. If the Federal Reserve keeps its target rate the same, will it help or hinder gold?

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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...