The ECB cut interest rates by 25-bps on Thursday after a similar move during the September meeting. The Eurozone economy has performed poorly compared to the US. Data revealed that US retail sales jumped by 0.4% in September. The EUR/USD outlook shows increased downward pressure as European Central Bank rate cut bets surge after Thursday’s…
The post EUR/USD Outlook: ECB’s Cut Expectations in Dec Mount appeared first on Forex Crunch.
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