Thursday, 18 January 2024

Gold and Silver Under Pressure From Pared Back Interest Rate Cut Expectations

Fed and ECB board members have been on the wires this week trying to temper elevated market rate cut expectations, and this is hitting the price of gold and silver.

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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...