ECB Vice President Luis de Guindos said, “we will discuss about the reduction of our balance sheet,” at December meeting. “I think this is important in terms of both to reduce the excess liquidity that we see in the marketplace, and secondly as well to alleviate the situation of scarcity of collateral,” he added. De […]
The post ECB de Guindos: Will discuss balance sheet reduction in December appeared first on Action Forex.
As seen on the XAG/USD chart, the price of silver fell to the $70 level and briefly pierced it, marking the lowest level since early February. Although geopolitical tensions typically support demand for safe-haven assets, Read more…
Market Overview The crypto market cap has fallen to $2.42 trillion, under pressure from sellers alongside risk assets, as the Fed pushes the next rate cut further into the future, boosting the dollar’s appeal. The Read more…
Gold prices stabilised around 4,830 USD per ounce on Thursday following a sixth consecutive decline, marking the longest losing streak since late 2024. The market remains under pressure from the Federal Reserve’s hawkish stance, which Read more…