Monday, 9 October 2023

Gold (XAU/USD) Jumps on Safe Haven Bid as Middle East Conflict Intensifies

Gold is being pushed higher, boosted by a strong safe haven bid, after the surprise Hamas attack on Israel over the weekend.

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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...