ECB rate cut talk drags Euro lower

The EURUSD pair weakens to near 1.0290 during the early European session on Friday with the expectation of further rate cuts by the European Central Bank dragging the Euro lower against the greenback.

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Sterling weakens after cooler UK CPI data

The EURGBP cross extended the rally to 0.8445 during early European trading hours on Wednesday. The Pound Sterling weakened against the shared currency after the cooler-than-expected UK Consumer Price Index (CPI) inflation

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Inflation data supports higher Euro

The Euro is trying to head higher against the US Dollar on Tuesday, after inflation numbers for the Eurozone revealed that disinflation has ended, for now. Earlier expectations were revised after the preliminary German Harmonised Index

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EUR to close year at -5.50% vs USD

EURUSD trades lackluster above 1.0400 due to illiquid trading activity in the European session on Monday. The Euro is set to wrap up the year with an almost 5.5% decline against the

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Yen under pressure on intervention worries

EURJPY is retracing its recent gains from the previous session, trading around 163.20 in European markets on Tuesday. The Euro-Yen cross remains subdued following the release of the Bank of Japan’s Meeting

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