Thursday, 13 July 2023

Gold Prices Hang on At Highs, Benign US CPI Prompts Rate Rethink

Non-yielding gold got a boost from news that the Fed seems to be winning its war on inflation.

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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...