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Forex update, Gold prices to depend on FOMC QE sentiment
- Middle East: Sunday, October 21 - 2012 at 09:00
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It was all about global growth and the EU summit last week, while this week we focus on October Eurozone PMIs and the FOMC meeting as we look to their commitment to QE. Meanwhile Gold prices will dependon the length and support of QE3 as prices are starting to weaken, we expect $1,700 as the low support.
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StaffSunday, October 21 - 2012 at 09:00 UAE local time (GMT+4)
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This article was updated on Sun Nov 04 2012.
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