Hello, all !
Since ECB might be thinking (?) about cutting interest rates ( or at least it is according to this article ) would that make EUR a bit less attractive to buy ? I noticed few people speculating about reaching 1.0, even 1.1 anytime soon.
My own thinking seems counterintuitive now for me, i'd expect bearish move on the chart, after this new drops ( but only in the form of actual cut ) but the trend itself is rather steep, almost vertical on some time period views
Also, I don't know how much of reliable source cnbc is, since I live on the Old Continent, i'm sorry if thst comes out silly
https://www.cnbc.com/2025/03/05/euro...certainty.html
Since ECB might be thinking (?) about cutting interest rates ( or at least it is according to this article ) would that make EUR a bit less attractive to buy ? I noticed few people speculating about reaching 1.0, even 1.1 anytime soon.
My own thinking seems counterintuitive now for me, i'd expect bearish move on the chart, after this new drops ( but only in the form of actual cut ) but the trend itself is rather steep, almost vertical on some time period views
Also, I don't know how much of reliable source cnbc is, since I live on the Old Continent, i'm sorry if thst comes out silly
https://www.cnbc.com/2025/03/05/euro...certainty.html
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too far from now
