Euro Open: Falling Growth, Slower Inflation Call For ECB Rates Cuts
The Euro consolidated around the 1.40 level in overnight trading. Sterling managed a bit of upside but failed to meaningfully test above the 1.76 hurdle. New Zealand’s Retail Sales underperformed, supporting the case for more rate cuts. Japan’s gross domestic product shrank in the second quarter, formally putting the world’s…
Source:Euro Open: Falling Growth, Slower Inflation Call For ECB Rates Cuts
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