The euro has edged lower ahead of today's rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day.
ECB projected to lower rates to two-year low
The European Central Bank is widely expected to deliver a 25-basis point rate cut at today's meeting, which would bring the deposit rate to 2.75%.
30-01-2025 06:43 GMT
by Kenneth Fisher