The latest HCOB flash PMIs confirm that the Euro Area economy is struggling and any continuation of this trend will bring talk of sooner-rather-than-later ECB rate cuts back into focus
EUR/USD fails its first re-test of 1.1000 Most Read: ECB Keep Rates Steady with Tentative Inflation Downgrades, EUR/USD Rises The Euro Area economy continues…
ECB Holds Rates Steady, Cuts Growth & Inflation Outlooks But. As completely expected, The ECB held policy steady, reiterating its guidance on future moves…