The euro hit its lowest level this year, falling to $1.0676, amid expectations that the ECB will cut interest rates ahead of the Fed.
Călin Nicolescu
Economy
Foto Pixabay
Always see our news on Google
The euro fell significantly against the dollar to its weakest level since November. This decline comes amid expectations that the European Central Bank will cut interest rates ahead of the Federal Reserve. ECB officials confirmed that they are not deterred by the more cautious outlook in the US, which has led to speculation of a possible interest rate cut in June.
Sources
Latest News
22:58
Russia warns of a resumption of nuclear testing and threatens “proportionate countermeasures”
22:47
Traian Băsescu: “If I were in the Government, tomorrow I would cancel all bonuses”
22:36
The company backed by Erik Trump failed to pay its employees on time after a $4.6 million loan was granted to its CEO
22:23
A man died after being hit by an ambulance in England
22:15
AUR's vision regarding Romania's administrative-territorial reform
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
