Today, the ECB cut rates for the third time this year, bringing the deposit rate to 3.25% in line with expectations. The weakness in the incoming economic data since the last GC meeting was acknowledged by Lagarde, and that data has led to further confidence the inflation path is on track, leading to the rate […]
As the EUR/USD chart shows at the start of the European session today, the exchange rate has dropped below EUR 1.08 per US dollar. Tuesday’s news contributed to this. According to Nasdaq.com, on March 26, 2024, The Conference Board published a report for March, according to which the CB Consumer Confidence index of consumer confidence […]
The post EUR/USD Analysis: Price Today Has Set Its Minimum Since the Beginning of March appeared first on Action Forex.
Share
