Christopher Nye
on May 31st, 2024 Yesterday was poor for the euro with further weakening of the currency taking weekly losses to between 0.25% and 1.5% against leading pairs.
It all comes as the ECB is expected to reduce interest rates next week. Good news on the economy, however, with unemployment at record lows. We are awaiting eurozone and Italian inflation this morning, but there is a dearth of data next week, apart from the ECB decision.
EUR/USD past year
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