The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected from both the US Fed and the ECB.
On two separate cycles over the past two months, the 1.120 psychological level has thwarted EURUSD bulls. Will it be “third time’s a charm” this week? Look out for the Eurozone CPI and US jobs report coming up.
EURUSD hits lowest level in 4 weeks ahead of ECB meeting
The EURUSD has dropped to its lowest point in four weeks, nearing 1.10021. Investors are eyeing key macroeconomic events that could influence the currency pair's stability.
The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected f...
The EURUSD has dropped to its lowest point in four weeks, nearing 1.10021. Investors are eyeing key macroeconomic events that could influence the curr...
EURUSD
ECB
Loading...
We value your privacy
We use cookies to give you the best-possible experience on our site and serve you personalised content. Click “Sounds good” to agree to our Cookie Policy.