The European Central Bank increased interest rates by 50-bps and increased the deposit rate to %2.00 from %1.50.
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The consumer price inflation in the Euro Area was revised to %10.10 Year-on-Year in November 2022, down from %10.60 in October
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The Bank of England (BoE) rose interest rates by 50 bps to %3.50 in the last meeting of 2022.
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Black metal continues rising. It is currently hovering around 82.00.
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Yellow metal’s rising was limited and is hovering around 1794 level.
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Pound continues rising and hovering around 1.2400 level
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The pair hold above the 1.0600 and struggle to test 1.0700 level. Due to FED’s hawkish stance DXY strenghten but was limited on the pair’s falling.
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Black metal has reversed critical values according to technical analysis. It is currently hovering around 80.30.
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Yellow metal's rising continues. It is currently hovering around 1810 levels and holding above the critical level of 1805.
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