OANDA Senior Market Analyst Craig Erlam discusses the moves in EURUSD in light of the inflation data from the eurozone and US.
30-11-2023 17:13 GMT
by Craig Erlam
European Central Bank (ECB) news
The European Central Bank (ECB) is the central bank for the Eurozone, responsible for monetary policy. Its primary objective is to maintain price stability within the 20 member states using the euro. The ECB uses various monetary policy tools to guide the Eurozone economy and support sustainable growth.
ECB financial stability review warns of stress
Fed minutes point to rates remaining restrictive
The euro is in negative territory on Wednesday. In the North American session, EUR/USD is trading at 1.0864, down 0.42%.
ECB says banks showing stress
The ECB released its semi-annual financial stability review earlier today and warned of stress in financial stability in the eurozone.
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