Friday, 7 July 2023

Gold (XAU/USD) Prices at Risk of Freefall Heading Into NFP Day

Spot Gold continued to probe the psychological $1900/oz level yesterday after red-hot US data. Will the NFP report provide the catalyst for a sustained break lower?

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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...