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Mounting Possibility of a Near-Term ECB Interest Rate Cut

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The euro fell 0.5% on net overnight and got below its 20-day average to as low as $1.3507.  There’s talk in the wake of CPI data released yesterday that the ECB may soon cut interest rates.  Total and core consumer prices in the year to October advanced just 0.7% and 0.8%, respectively.  The Ezone jobless […]

larrygreenberg @ November 1, 2013

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