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Gold Reacts Sharply to FED’s Interest Rate Cut
Gold Reacts Sharply to FED’s Interest Rate Cut The Federal Reserve has announced a widely anticipated 0.25% interest rate cut, reducing the rate from 2.50% to 2.25%. While rate cuts traditionally boost gold prices as investors seek safe-haven assets during periods of reduced savings incentives, the initial reaction was contrary. Gold prices dropped $4.00 per…
Новости
02 августа 2019
23 views
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GBP/USD Drops 2.11% in Just Two Days
GBP/USD Drops 2.11% in Just Two Days The British pound has experienced a sharp decline, losing nearly 250 points over two trading sessions. This significant drop follows the EU’s dissatisfaction with UK Prime Minister Boris Johnson’s firm stance on achieving a Brexit deal by the October 31 deadline. In response, the EU has proposed a…
Новости
31 июля 2019
25 views
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ECB Holds Interest Rates Steady Amid Economic Concerns
ECB Holds Interest Rates Steady Amid Economic Concerns The European Central Bank (ECB) has concluded its highly anticipated meeting, announcing that interest rates will remain unchanged. The main financing operations rate stays at 0.00%, the marginal lending facility at 0.25%, and the deposit facility at -0.40%. The ECB also signaled its commitment to maintaining rates…
Новости
25 июля 2019
34 views
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Euro Declines Amid ECB Interest Rate Speculations
Euro Declines Amid ECB Interest Rate Speculations The euro has faced significant pressure ahead of the European Central Bank’s (ECB) Governing Council meeting, scheduled for today at 11:45 AM NZ time in Frankfurt. Speculation surrounding the ECB’s monetary policy decision, coupled with concerns over inflation and Brexit uncertainties, has led to a sharp decline in…
Новости
25 июля 2019
29 views
