Tag: Eurozone financial markets
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no significant US events scheduled for the day and US markets...
ECB’s Panetta on Interest Rates: Possibility of Rates Going Below Neutral Levels
The European Central Bank's (ECB) board member, Fabio Panetta, recently discussed the possibility of interest rates going below neutral levels. This statement has sparked interest and concern among investors and financial experts.Panetta's remarks come...
European Central Bank Rate Cut Path and Actions – Action Forex
European Central Bank Cuts Rates, Keeps Future Easing Options OpenThe European Central Bank (ECB), as widely expected, cut its Deposit Rate by 25 bps to 3.50% at today’s monetary policy announcement. In lowering interest...