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46 minutes ago
Silver edges lower as Fed rate cut hopes fade, geopolitical tensions persist
Silver (XAG/USD) trades around $76.50 at the time of writing, down 0.70% on the day, with Silver starting the week on a weaker footing after failing to extend its recent rebound.
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1 hour ago
BoE: Market brings forward rate cut bets – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that UK rate markets now price another Bank of England cut as early as next month after a dovish MPC update. Governor Bailey and MPC member Mann have signalled openness to easing, contingent on data.
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1 hour ago
Poll: BoE expected to cut rates to 3.50% in March – Reuters
A Reuters poll conducted on February 10-16, revealed that economists are eyeing a 25 basis points rate cut by the Bank of England at the next meeting.
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1 hour ago
GBP/USD slips in thin trade as markets eye UK CPI
The Pound Sterling retreats during the North American session amid thin liquidity conditions as US markets remain closed in observance of the President’s Day. At the time of writing, the GBP/USD trades at 1.3635, down 0.12%.