RSS USD Strengthens as ECB Rate Cut Looms

Currently reading:
 RSS USD Strengthens as ECB Rate Cut Looms

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
15,279
Likes
1,923
Credits
33,933©
Cash
0$
f-eur-usd-11.jpg


Fundamental Analysis The USD’s revaluation on Tuesday, December 10, 2024, is largely driven by expectations of a 25 basis point rate cut by the European Central Bank (ECB), which would weaken the euro. Markets have already priced in this adjustment, putting pressure on EUR/USD, which has dropped near 1.0520. The ECB’s expansionary monetary policy, contrasted […]

The post USD Strengthens as ECB Rate Cut Looms appeared first on Action Forex.
 
Status
Not open for further replies.

Similar threads

Top Bottom