The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis...
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The Euro-dollar currency pair is exhibiting weakness near 1.0850 on Thursday, as the EURUSD faces sharp selling pressure ahead of the European Central Bank’s interest rate decision. Traders expect the ECB to reduce its Rate on Deposit Facility further by 49 basis points (bps) in the remaining two meetings this year, according to a note from Citi on Tuesday, suggesting that there will be two rate cuts of 25 bps on Thursday and in December. A quarter-to-a-percentage rate cut on Thursday will be the second in a row, pushing the deposit facility rate lower to 3.25%. A dovish decision from
The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis...
FRANKFURT, Germany – The governing council on Thursday, decided to lower the three key ECB interest rates by 25 basis points. In particular, the...
EURUSD is trading close to a fresh 11-week low near the round-level support of 1.0800 in Tuesday’s European session. The major currency pair is...
The European Central Bank has lowered interest rates for the third time this year, as inflation in the eurozone shows signs of easing and the economy...
The Danish central bank Danmarks Nationalbank on Thursday followed the European Central Bank (ECB) and lowered its key interest rate by 0.25...
The Governing Council of the European Central Bank (ECB) cut the key interest rates by 25 basis points for the second consecutive time as it met in...
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, cut borrowing costs once again on Thursday after...
The next Bank of Canada interest rate announcement is scheduled for this week — on Wednesday, October 23 at 9:45 am — and although there’s no...
On Wednesday morning, Bank of Canada Governor Tiff Macklem told Canadians that they can “breathe a sigh of relief” in the habitual post-interest...
On Wednesday morning, the Bank of Canada announced an interest rate cut of 50 basis points for their October decision, and that brings the policy rate...