The British pound dropped 0.30% after today’s UK employment report but has recovered most of these losses. In the European session, GBP/USD is trading at 1.2452, up 0.05%. UK job growth slides, unemployment rises The UK employment report was weaker than expected. Job growth took a hard hit in the three months to February as […]
Euro Zone inflation dropped to a 4-month low of 2.2%, increasing bets on an ECB rate cut in April. Uncertainty surrounds the inflation outlook due to potential US tariffs and the EU’s response. The DAX index faces a “precarious situation” technically, with potential for a correction ahead of tariff announcements. What is next for the […]
The post Euro Zone Inflation Drops to 4-Month Low, DAX Index Rises as Rate Cut Bets Intensify appeared first on Action Forex.
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