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...
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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 points (bps) to 3.25%. The ECB reduced its key borrowing rates for the second straight time, with the EURUSD pair remaining stuck near a 10-week low, while as expected, the Pound Sterling remains fragile as soft UK inflation prompts a rate cut bet. The Eurozone central bank was already expected to cut its key borrowing rates as recent commentaries from officials indicated that they more worried about stagnation in economic growth than taming price pressures.
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...
The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but it should remain vigilant...
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 European Central Bank, which sets interest rates for the 20 countries that use the euro currency, cut borrowing costs once again on Thursday after...
FRANKFURT, Germany – The governing council on Thursday, decided to lower the three key ECB interest rates by 25 basis points. In particular, the...
The slowdown in consumer price increases comes as the European Central Bank is expected to cut interest rates.
On Wednesday morning, Bank of Canada Governor Tiff Macklem told Canadians that they can “breathe a sigh of relief” in the habitual post-interest...
A rapid divergence between eurozone and US government bond markets is expected to continue, as an increasingly lacklustre European economy adds to the...
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...