Logo-color Logo-white

Summary The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate cuts during the early stages of its monetary easing cycle. However, given some deterioration in sentiment surveys, evidence of subsiding inflationary pressures, and recent benign comments from ECB President Lagarde, we now expect a more regular pace of rate cuts […]

The post European Central Banks Quickening Pace Of Their Monetary Easing appeared first on Action Forex.

previous

Crypto’s Step Back for Acceleration

next

JPY Pairs Approach Key Levels Rapidly

Read More

02/07/2024

Eurozone: Inflation Deceleration Stalled

According to the Eurostat Flash estimate, the euro area CPI stood at 2.5% y/y, hovering between 2.4% and 2.6% for the past five months. There has been no apparent slowing since November when the rate first touched 2.4%. Core CPI maintained a 2.9% y/y in May and June after touching 2.7% in April. The index […]
12/11/2024

GBP/USD Slips to 3-Month Low as Unemployment Rate Jumps

The British pound is down for a third straight trading day on Tuesday. In the European session, GBP/USD is trading at 1.2822, down 0.36% on the day. Earlier today, the pound fell below the 1.28 line for the first time since Aug. 15. UK employment rate climbs to 4.3% The UK employment report for the […]
29/11/2024

Euro Shrugs After Eurozone Inflation Rises

The euro is showing little movement on Friday. In the European session, EUR/USD is trading at 1.0564, up 0.09%. There are no US events today and US markets will close early for the Thanksgiving holiday weekend. Eurozone inflation jumps to 2.3% Today’s eurozone inflation report was a reminder that inflation may be largely contained but […]