RSS European Majors Struggle After SNB, ECB Cuts

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 RSS European Majors Struggle After SNB, ECB Cuts

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European majors are broadly under pressure today, with Swiss Franc leading losses. SNB’s unexpected 50bps rate cut caught markets off guard, and its significantly downgraded inflation projections suggest more easing is on the table for 2025. Meanwhile, Euro managed to hold steady after ECB’s widely anticipated 25bps cut. ECB demonstrated clear confidence in its inflation […]

The post European Majors Struggle After SNB, ECB Cuts appeared first on Action Forex.
 
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