Euro Extends Fall After ECB Interest Rate Decision
Dow Jones
Yesterday
1241 GMT - The euro falls further after the European Central Bank raised the key rate by a quarter point to 2.50%, as widely expected. The decision "had been clearly signaled by policymakers ahead of time and was fully discounted by financial markets," Capital Economics'Andrew Kenningham says in a note. The euro falls 0.3% on the day to $1.1594 following the decision, from $1.1617 beforehand, LSEG data show.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.