ECB set to keep interest rates on hold as expectations over June cut mount
The European Central Bank (ECB) will announce its monetary policy decision on Thursday.
Stay updated with breaking news from Moving Average. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The European Central Bank (ECB) will announce its monetary policy decision on Thursday.
Spot Gold recovered some of the ground lost on Wednesday and trades near its daily high at $2,350.69.
Ripple XRP price performance has been lacklustre, and it is barely reactive to the ongoing crypto market frenzy.
Spot Gold shed some ground on Wednesday as the US Dollar got an unexpected boost from risk aversion XAU/USD losses, however, are modest compared to other USD rivals, as Gold benefited from its safe-haven condition.
The EUR/USD pair traded uneventfully around the 1.0850 mark for most of this Thursday as investors held in wait-and-see mode ahead of the release of the United States (US) Consumer Price Index (CPI).