RSS Euro Hits 2024 Low vs Sterling as ECB Dovish Expectations Build

Currently reading:
 RSS Euro Hits 2024 Low vs Sterling as ECB Dovish Expectations Build

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,211
Likes
1,916
Credits
32,784©
Cash
0$
f-eur-gbp10.jpg


Euro’s selloff accelerated today, breaking to a new 2024 low against Sterling. The common currency also weakened notably against the Swiss Franc, even as it remained relatively steady against other peers. Market sentiment appears to be pricing in dovish guidance from ECB at its upcoming meeting, where a standard 25bps rate cut is expected over […]

The post Euro Hits 2024 Low vs Sterling as ECB Dovish Expectations Build appeared first on Action Forex.
 
Status
Not open for further replies.
Tips
Top Bottom