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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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 under pressure due to multiple headwinds, such as escalating European Central Bank dovish bets and a firm US Dollar. Traders have priced in the ECB to cut interest rates again in the December meeting, as growing risks to Eurozone’s economic growth are expected to keep inflationary pressures within striking distance of the central bank’s target of 2%. This would mean the fourth interest rate cut by the ECB this year. Data released on Monday showed that
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...
There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small, temporary undershoot of its...
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...
THE European Central Bank cut interest rates for the third time this year on Thursday in a nod to sluggish economic growth, some softening in an...
European shares have inched up, balancing gains on Wall Street with declines in Asia ahead of an expected rate cut by the eurozone's central bank.
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...
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 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 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 reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to offer support...