EUR/USD Breaks Key Resistance Level as ECB Holds Steady on Rates
The euro strengthened against the dollar as the European Central Bank maintained its current interest rate policy, pushing EUR/USD above the 1.09 resistance level.
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The euro strengthened against the dollar as the European Central Bank maintained its current interest rate policy, pushing EUR/USD above the 1.09 resistance level.
The Japanese yen strengthened sharply after Bank of Japan board members hinted at a possible interest rate hike in the coming months.
Sterling weakened against the dollar following disappointing UK CPI data, raising expectations of a BOE rate cut.
The Australian dollar gained after employment numbers exceeded expectations, reducing pressure on the RBA to cut rates.
Spot Bitcoin ETFs record their fifth consecutive week of positive net inflows, signaling sustained institutional interest in the largest cryptocurrency.
Ethereum scaling solutions Arbitrum and Optimism processed a combined record of $8 billion in daily transaction volume.
EUR/USD
+0.23%
GBP/USD
+0.15%
USD/JPY
-0.08%
GOLD
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BTC
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S&P 500
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CPI (MoM)
USD · Forecast: 0.3% · Actual: 0.3%
ECB President Speech
EUR
Initial Jobless Claims
USD · Forecast: 220K · Actual: 215K
Crude Oil Inventories
USD · Forecast: -1.8M · Actual: -2.5M
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