GBP/USD Sinks Below 1.32 As Powell’s “Hawkish Cut” Strengthens Dollar
GBP/USD extended its losses for the third straight day, diving over 0.25% as traders pushed the exchange rate below the 1.3200 handle...
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ECB Keeps Rate Unchanged As Expected
As widely expected, the ECB held rates unchanged (the key deposit rate remained at 2%, the refinancing rate was unch at 2.15%, and the marginal lending facility stayed at 2.4%) and also kept its guidance, unchanged as well.
