Euro Sinks as Weak Inflation Data Bolsters Case for Faster ECB Rate Cuts
Euro fell notably in European session today, as inflation data from both Germany and Spain significantly underperformed expectations. The rapid deceleration in price pressures strengthens the argument for a September rate cut by ECB. With inflation slowing faster than anticipated, there is growing speculation that ECB could have the flexibility to implement two additional rate […] The post Euro Sinks as Weak Inflation Data Bolsters Case for Faster ECB Rate Cuts appeared first on Action Forex.
theinvestingforex 
Euro fell notably in European session today, as inflation data from both Germany and Spain significantly underperformed expectations. The rapid deceleration in price pressures strengthens the argument for a September rate cut by ECB. With inflation slowing faster than anticipated, there is growing speculation that ECB could have the flexibility to implement two additional rate […]
The post Euro Sinks as Weak Inflation Data Bolsters Case for Faster ECB Rate Cuts appeared first on Action Forex.
