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Editors’ Picks
GBP/USD falls to near 1.3450, upside appears on fading BoE rate cut bets
GBP/USD retraces its recent gains from the previous session, trading around 1.3450 during the Asian hours on Wednesday. The pair may regain its ground as the Pound Sterling receives support from the dampened likelihood of further Bank of England rate cuts, driven by persistent inflationary pressures. Inflation in the UK economy has been accelerating at a faster pace in recent months.
Bitcoin, Ethereum and Ripple mild recovery sparks optimism
Bitcoin price stabilizes around $111,300 on Wednesday, following a slight recovery the previous day. Ethereum and Ripple are also showing early signs of relief after rebounding from their key support zones, hinting at further upside in the upcoming days.
AI boom or bubble? Three convictions for investors
AI 2.0 = from “build it” to “prove it”: Big Tech’s AI investment is already in the hundreds of billions, but monetization remains modest. The cycle is shifting from spending on capacity to delivering productivity and revenue impact.
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