EUR/USD slides on ECB dovish bets, US inflation in focus

EUR/USD slides on ECB dovish bets, US inflation in focus

EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB is widely anticipated to cut its Deposit Facility Rate by 25 bps to 3% on Thursday. Economists expect US annual core CPI to have grown steadily by 3.3% in November.

submitted by /u/Denchock
[link] [comments]

Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!

Share the Post: