ECB cut its deposit rate by 25 basis points to 3.25% today, as widely anticipated. In its accompanying statement, ECB highlighted that the disinflationary process is “well on track,” with inflation expected to decline to target levels by next year. Recent “downside surprises” in economic activity have also impacted the inflation outlook. Despite the improvement, […]
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Markets The ECB’s unanimous back-to-back rate cut brought the deposit rate to 3.25% today. This third rate reduction came earlier than analysts and the ECB itself expected in the days after the September 12 policy Read more…
Hello traders, welcome to a new Forex blog post. In this one, we will discuss AUDUSD short-term Elliott wave analysis. We believe the forex pair is still within a bearish corrective cycle from late September Read more…
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