The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a two-month high, with market sentiment favouring further gains. Key drivers behind EUR/USD’s rise A decline in US Treasury bond yields has weighed on the US dollar, following a series of weaker-than-expected US economic reports and […]
Eurozone inflation fell much further than expected in October, leaving the headline HICP rate within touching distance of the ECB’s 2% target. While policymakers have continued to push back against talk of rate cuts, the questions will be impossible to ignore now with markets pricing in one in April and at least four in total […]
The post Eurozone Disinflation Accelerates as Markets Price in April Rate Cut appeared first on Action Forex.
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