ECB rate cut piles pressure on Euro

The European Central Bank has lowered interest rates for the third time this year, as inflation in the eurozone shows signs of easing and the economy struggles to regain momentum. Thursday’s quarter-point

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ECB cuts interest rates by 25 bps

The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis points (bps) to 3.25%. The ECB reduced

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