ECB President Christine Lagarde challenges the traditional recession definition, focusing on robust labor markets despite potential negative growth in the Euro Area.
At ECB's meeting, Lagarde opted to keep key interest rates unchanged, and signaled no rate cuts. Euro rose while European stocks paused, aided by euro strength.
The EUR/USD pair pushed to its freshest highs in over a year, extending over 1.1050 on Thursday as the release of a falling producer price index inflation…
The euro currency and related exchange traded funds are taking a beating as the ongoing energy crisis and heightened geopolitical risks weigh on the Eurozone's economic outlook.