Thursday, 3 June 2021

Russian Wealth Fund to Slash US Dollar Holdings to Zero - Reinvest in EUR, Gold, and Yuan

Russian Finance Minister says US dollar holdings in the country’s wealth fund will be cut to 0%

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...