Euro Gains Momentum Despite ECB Rate Cut Speculations
Euro is gaining broadly today, even though there is no major fundamental news driving its ascent. Market expectations are mounting that ECB may cut interest rates as early as October, with HSBC projecting 25bps cuts at every meeting from October through April 2025. This would bring the deposit rate to 2.25%, which is considered close […] The post Euro Gains Momentum Despite ECB Rate Cut Speculations appeared first on Action Forex.
Euro is gaining broadly today, even though there is no major fundamental news driving its ascent. Market expectations are mounting that ECB may cut interest rates as early as October, with HSBC projecting 25bps cuts at every meeting from October through April 2025. This would bring the deposit rate to 2.25%, which is considered close […]
The post Euro Gains Momentum Despite ECB Rate Cut Speculations appeared first on Action Forex.
What's Your Reaction?
