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The Bank of England kept its policy rate unchanged at 3.75% for the sixth consecutive meeting, in line with market expectations. The central bank also announced the cancellation of its long-term government bond sales program, further slowing the pace of quantitative tightening. This news was bearish for the pound and bullish for the dollar.
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Nvidia CEO Jensen Huang: Nvidia's chip sales next year will double this year's. This news is positive for Nvidia.
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The U.S. Department of Defense is considering withdrawing nearly one-third of its troops, approximately 25,000, from Europe. This news is bullish for the euro and bearish for the dollar.
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