EU Leaders Agree Budget Deal


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Leaders finally agreed cuts to the EU budget for the rest of the decade on Friday after a 25 hour negotiation in Brussels. David Cameron will claim victory as the first cut in EU spending in its 56 year history was announced, with a €34.4bn cut over the next 7 years. The US Dollar has followed a similar pattern, with the Pound finishing strongly last week despite better-than-expected US trade balance figures, but rates are falling back this morning as the Pound seems to be on the back foot once again overall. Tomorrow sees the release of the main monthly UK inflation figure at 9.30am, which is usually influential on exchange rates, as will be the Bank of England quarterly inflation report on Wednesday morning.

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Original story: Currency News blog by Currency Index


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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