Inflation

FX Rate Updates

EUR/USD Slides as ECB Holds Steady and US Inflation Eases

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EUR/USD experienced a pullback on Thursday following a packed economic schedule across both sides of the Atlantic. The recent inflation data in the US, coupled with the European Central Bank’s decision to maintain interest rates steady during the final meeting of the year, had minimal impact on the value of the euro. Currently, the pair … Read more

FX Rate Updates

EUR/USD holds steady around 1.1740 as Fed hints at easing pause

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EUR/USD remains steady at approximately 1.1741 on Friday, showing little movement, as a series of Federal Reserve officials make statements, following the 25 basis points rate cut announced last Wednesday. Federal Reserve representatives emphasize worries about inflation, solidifying a cautious approach following the rate reduction on Wednesday. The attention of the market shifts towards postponed … Read more