Notizie economiche
18.07.2024

European session review: EUR trades flat ahead of ECB’s policy update

EUR traded little changed against other major currencies in the European session on Thursday as investors waited for the European Central Bank's policy decision at 12:15 GMT.

Expectations are for the ECB to make no changes in its policy stance at today’s meeting but to hint that additional rate cuts are possible if the euro area inflation and wage growth continue to ease.

Markets see two more 25-basis-point cuts this year  - in September and December.

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