Posts Tagged: ECB rate

EUR/GBP Set to Close Lower for Third Consecutive Week Amid ECB Rate Cut Expectations

By Usman Ahmed August 30, 2024, 4:05 pm • Posted in Forex

The EUR/GBP currency pair is on track to finish the week in negative territory for the third consecutive week, driven by a weakening euro as…

EUR/USD Clings to Gains Above 1.0800 Amid Fed Rate Speculation

By Usman Ahmed July 9, 2024, 3:35 pm • Posted in Forex

EUR/USD stood above the crucial support level of 1.0800 during Tuesday’s’ American session. The US Dollar (USD) faces downward pressure due to firm market speculation…

EUR/USD Faces Pressure on ECB Rate Cut Speculations, Focus on Key Eurozone and US Inflation Data

By Usman Ahmed November 30, 2023, 11:10 am • Posted in Forex

After weaker-than-anticipated inflation statistics for the Euro area raised expectations of an ECB rate cut, the EUR/USD currency pair is declining toward the 1.0900 level….

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