The European Central Bank lowered borrowing costs by 25-bps as expected. The greenback rebounded on Thursday after Trump repeated his tariff plans. The US economy expanded by 2.3%, missing forecasts of 2.7%. The EUR/USD outlook suggests a bleak future for the euro amid a rate cut and dovish European Central Bank’s policy path. On the...
ECB policymakers have shown strong support for a rate cut this week. The US central bank kept borrowing costs unchanged on Wednesday. The Fed remained cautious due to uncertainty regarding Trump’s policies. The EUR/USD outlook remains vulnerable as the European Central Bank is expected to cut rates in today’s meeting. Meanwhile, the dollar remained steady...
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