Gold hit a new record high on Wednesday due to escalating Middle East tensions. Market participants are uncertain about the looming US presidential election. Business activity in the US grew in October. The gold outlook indicates a slight shift in sentiment as prices retreat from a recent record high. The decline came after US data...
Data on Thursday revealed that Eurozone business activity remained weak in October. Markets are fully pricing a 25-bps ECB rate cut in December. US PMI numbers will show the state of business activity. The EUR/USD outlook leans south despite a short rebound as data revealed poor business activity in the Eurozone. However, the pair edged...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts