Tag Archives: EUR/USD
ECB Faces Rising Inflation and Uncertain Policy Path
Eurozone Inflation Rises to 2.4% Amid Energy and Service Costs Inflation in the Eurozone accelerated in December, rising to 2.4% from 2.2% in November, in line with expectations, due to rising energy prices as well as services sector costs. The euro dipped 0.48% against the U.S. dollar, closing at $1.034. (Eurozone’s Inflation Chart, Source: Eurostat) […]
Euro Falls as ECB Cuts Rates by 25 Basis Points
ECB Cuts Rates to 3% as Expected The European Central Bank (ECB) lowered its benchmark interest rate by 25 basis points to 3% on Thursday, a decision widely anticipated by markets. This marks the fourth-rate reduction in 2024, with the central bank hinting at the potential for additional cuts as inflation nears its target and […]
ECB is Hard to Save The Euro
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for DEC 12, 2024. EURUSD Key Takeaways EURUSD Technical Analysis EURUSD Daily Chart Insights (EURUSD Daily Price Chart, Source: Ultima Markets MT4) EURUSD 1-hour Chart Analysis (EURUSD H1 Price Chart, Source: Ultima Markets MT4) EURUSD Pivot Indicator (EURUSD M30 Price Chart, […]
