EUR/USD decline intensifies as FED and ECB rate cut outlook diverge

EURUSD chart

The battle of the currencies was in full force this week as the EUR took a hit, dropping over 2 cents against the USD. The FED and ECB’s interest rate plans have caused a rift, with predictions of more rate cuts from the ECB than the FED by 2024. The EUR/USD duo started the week … Read more

EUR to USD trend in danger due to ECB interest rate cut

EUR to USD trend in danger due to ECB interest rate cut (1)

“The EUR/USD pair has been locked in a fierce battle at the 1.10 level for the past month, unable to break through and claim victory. However, the tide may be turning as the European Central Bank (ECB) has hinted at potential interest rate cuts in the near future. This could mark the beginning of a … Read more