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RECOMMENDED CONTENT EDITORS’ PICKS EUR/USD DROPS TO DAILY LOWS AND CHALLENGES 1.0900 POST-LAGARDE
EUR/USD drops to daily lows and challenges 1.0900 post-Lagarde EUR/USD maintains its bearish bias and declines toward 1.0900 after the ECB left no room for surprises at its event, holding key rates unchanged. Meanwhile, President Lagarde said inflation in the region is expected to hit the 2% goal in H2 2025.
EUR/USD News GBP/USD REMAINS ON THE DEFENSIVE IN THE SUB-1.3000 REGION
GBP/USD remains on the defensive in the sub-1.3000 region GBP/USD stays on the back foot and trades in negative territory below 1.3000 in the American session on Thursday. The US Dollar benefits from the souring market mood and makes it difficult for the pair to build on its weekly gains.
GBP/USD News GOLD APPROACHES $2,450 AS US DOLLAR CORRECTS
Gold approaches $2,450 as US Dollar corrects Gold holds steady above $2,460 on Thursday after posting small losses on Wednesday. The rebound seen in the US Dollar amid risk aversion and the US Treasury bond yields’ resilience, however, limits XAU/USD’s upside in the American session.
Gold News BILLIONAIRE MARK CUBAN HIGHLIGHTS SILICON VALLEY’S INCREASING SUPPORT FOR FORMER PRESIDENT TRUMP AS A “BITCOIN PLAY”
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.
Read more WHAT THE US ELECTION COULD MEAN FOR DEFICITS, DEBT AND THE YIELD CURVE
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.
Read more FOREX MAJORS CRYPTOCURRENCIES SIGNATURES
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