ECB

Forex News

Euro Backs Off Three-Week High After Lagarde’s Remarks Spark Market Uncertainty

The euro retreated from its three-week high following remarks by European Central Bank (ECB) President Christine Lagarde, which cast doubt on the future direction of monetary policy. Investors had been optimistic about the euro’s recent strength, but Lagarde’s comments introduced uncertainty, leading to a pullback in the currency against the US dollar and other major

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Forex News

ECB Cuts Interest Rates to 2022 Lows

The European Central Bank (ECB) has lowered interest rates to their lowest levels since 2022, signaling a shift in monetary policy aimed at stimulating economic growth. This decision comes amid concerns about slowing inflation and weakening economic activity across the Eurozone. By cutting rates, policymakers aim to boost borrowing, encourage investment, and support consumer spending.

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