BoE

EUR/GBP climbs as weak UK data fuels BoE rate cut speculation

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EUR/GBP climbs as weak UK data fuels BoE rate cut speculation

EUR/GBP rises where economic data in the UK misses expectations. The gross domestic product in the United Kingdom, low industrial and manufacturing data, raises expectations that England may have to reduce prices more. The EUR/GBP husband connects the gains as the bullish momentum supports higher prices. The British pound (GBP) against the euro (EUR) is … Read more

BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank

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As the adoption of Stablecoins slowly takes over, management and correct regulation become a priority to maintain economic harmony. The governor of the Bank of England (Boe) Andrew Bailey seems to think in the same way. Bailey warned that the adoption of digital currencies, including Stablecoin, could disturb the economic Applecart if correct regulation is … Read more