Monday, 28 February 2022

Bitcoin Surges as Sanctions Bite Russian Ruble. Traders Eye China PMI, RBA Decision

Bitcoin led cryptocurrencies higher as western sanctions bit down on Russian banks and the Ruble, providing a possible haven from sanctions. Chinese PMI data and an RBA rate decision are on deck.

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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...