Category forex

ECB Expected to Hold Rates Steady

ECB to keep deposit rate at 2.25% in July The European Central Bank is expected to leave its deposit rate unchanged at 2.25% in July, following a 25bps increase in June. Weaker Euro area growth and easing inflation have led to a data-dependent approach. The

Dollar Mixed Against Major Currencies

USD higher vs EUR, GBP, AUD, but lower vs JPY, CHF, CAD The USD is mixed against major currencies, with gains vs the EUR, GBP, AUD, and NZD, but losses vs the JPY, CHF, and CAD. The USDJPY pair moved lower after Japanese Prime Minister comments on potential domesti