Gold Price Forecast: XAU/USD to drop to the August low of $1692 on a break below $1722 – Commerzbank

Gold (XAU/USD) is grinding lower. Support at $1722 is regarded as the last defence for the $1692 August low, Karen Jones, Team Head FICC Technical Ana
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EUR/USD drops to new YTD highs around 1.1640 ahead of ECB event

There is no respite for the downside pressure in the single currency and now drags EUR/USD to fresh 2021 lows around 1.1640. EUR/USD weaker on USD-buy
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