The EURUSD pair weakens to near 1.0290 during the early European session on Friday with the expectation of further rate cuts by the European Central...
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EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision later in the day, following the Fed’s decision on Wednesday to keep interest rates unchanged. The ECB is widely anticipated to cut its Deposit Facility Rate by 25 basis points to 2.75%, with the Main Refinancing Operations Rate sliding to 2.9%, and leave the door open for further policy easing. Traders have already priced in four successive quarter point interest rate cuts this year which would push the key Deposit Facility Rate to 2%. A string of ECB officials has
The EURUSD pair weakens to near 1.0290 during the early European session on Friday with the expectation of further rate cuts by the European Central...
The European Central Bank (ECB) is set to cut interest rates on Thursday, likely by 0.25 percentage points to 2.75%, with hints of further easing amid...
Central bank’s policymakers lower deposit rate to 2.75 per cent from 3 per cent, giving tracker mortgage holders here an instant boost
EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at...
Fed officials made a unanimous decision to keep the overnight interest rate in the current 4.25%-4.50% range.
Live coverage of business, economics and financial news as ECB expected to cut interest rates by 0.25 percentage points in effort to support growth
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Pakistan’s central bank governor said that cooling inflation gave “ample room” to loosen monetary policy, just a day after cutting benchmark...
Fixed-term products affected, all other savings rates remain unchanged
We’re days away from another Bank of Canada interest rate announcement — the first of eight scheduled for 2025 — and though economists were...