Tuesday, 9 January 2024

Gold Price and USD/JPY Forecast: US Inflation Outcome to Drive Market Direction

The December U.S. inflation report, due for release on Thursday, is poised to provide clarity on the Fed's monetary policy outlook, helping guide the near-term trajectory of both gold prices and USD/JPY

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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...