Daily Market Updates: Euro Breaks Lower on ECB Caution and Lagarde Exit, as US Data and AI Sell-Off Fail to Move Rates

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Euro Breaks Lower on ECB Caution and Lagarde Exit, as US Data and AI Sell-Off Fail to Move Rates

Reported · Written up by our desk · Major Pairs

Euro fell against most major currencies on Thursday as the ECB’s cautious hold at 2.50% and President Christine Lagarde’s announcement of an early departure coincided with declining Eurozone bond yields. EUR/GBP broke below last week’s low, although EUR/USD and EUR/CHF have yet to confirm a broader breakdown. The post Euro Breaks Lower on ECB Caution and Lagarde Exit, as US Data and AI Sell-Off Fail to Move Rates appeared first on ActionForex .

Latest closeEUR/USD 1.113 ▼0.4%

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Action ForexEuro Breaks Lower on ECB Caution and Lagarde Exit, as US Data and AI Sell-Off Fail to Move Rates

Forex

Euro Breaks Lower on ECB Caution and Lagarde Exit, as US Data and AI Sell-Off Fail to Move Rates

More like this

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