ECB Primes Fresh Rate Cut
Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation.
The European Central Bank reported a record loss in 2024, a result of its aggressive policy responses to surging inflation and past periods of weak price gains.
Considering the confluence of technical factors, along with the fundamental factors of ECB and BOJ policy decisions and inflation rates, EURJPY presents a complex trading landscape.