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ECB left rates unchanged as widely anticipated – LIVE
As widely anticipated, the European Central Bank (ECB) left its policy rates unchanged at 3.75% at its event on Thursday. Investors’ attention should now shift to President C. Lagarde’s press conference - LIVE
GBP/USD remains on the defensive in the sub-1.3000 region
The Dollar’s small rebound prompts some retracement in the broad risk complex and motivates GBP/USD to shed some ground after the ECB matched estimates and left its interest rates at 3.75% on Thursday.
Gold looks bid near $2,470 on steady ECB
The precious metal maintains its bullish bias near the $2,470 region in the wake of the ECB’s decision to keep its policy rates intact at its gathering on Thursday.
Billionaire Mark Cuban highlights Silicon Valley's increasing support for former President Trump as a “Bitcoin Play”
Bitcoin (BTC) faces resistance and stalls at around the $65,000 mark on Thursday, while on-chain data indicate a rise in holdings among short-term investors, coupled with a slight increase in inflows at US spot Bitcoin ETFs.
What the US election could mean for deficits, debt and the yield curve
Government borrowing and the national debt are barely getting a mention in the US election campaign, yet a failure to change trajectory risks further debt downgrades, more market volatility and higher borrowing costs.