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
23:05
The only anti-war party in Russia has been excluded from the electoral race.
23:00
Over 1,200 Palestinians have been killed in Gaza since the ceasefire with Israel came into effect in October 2025. UN experts warn of the ongoing genocide.
22:55
The Alba Iulia Court of Appeal rejected the proposal for the preventive arrest of prosecutor Radu George Bucurică, accused of crimes related to the illegal possession and use of a lethal firearm.
22:53
Diana Buzoianu announced that the estimates for the operation of Unit 2 at Cernavodă have been revised negatively: "We are in a much gloomier forecast than we were yesterday."
22:47
Ionel Bogdan (PNL) accuses disinformation on TikTok for the attack on an ambulance and requests the hearing of the president of ANCOM in Parliament.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
