Thursday, 6 July 2023

Gold Prices Still Weighed Down by Fed Rate-Hike Bets

Gold prices remain stuck with the prospect that global interest rates have further to rise. Against that backdrop, non-yielding assets will struggle

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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...