Monday, 10 July 2023

Gold Price Firms While US Dollar Eases as Treasury Yields Dip. Where to for XAU/USD?

The gold price is inching higher while the US Dollar slides going into Tuesday despite several Fed speakers getting hawkish, mostly. Will Wednesday’s US CPI hold the keys to XAU/USD direction?

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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...