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Euro Falls on Data, Middle East Risks

The euro weakened to $1.144 on Thursday as investors digested fresh economic data, escalating Middle East tensions, and uncertainty over the US interest rate outlook following a divided Federal Reserve decision.Spain's annual EU-harmonized inflation rate accelerated more than expected to 3.8% in Ju…

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EconomyForex

Euro Remains Weak Ahead of ECB Decision

The euro traded around $1.14, remaining close to one-year lows as investors awaited Thursday's European Central Bank policy meeting while monitoring the latest developments in the Middle East. The ECB is widely expected to leave interest rates unchanged after raising them in June, adopting a cautio…

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Forex

Euro Holds Near $1.14 as ECB Meeting Looms

The euro remained steady just above $1.14 as focus shifts to the European Central Bank’s policy meeting on Thursday.After June’s rate hike, the first in three years, policymakers are expected to maintain rates and adopt a cautious stance.Yet, markets still anticipate two additional ECB rate increas…

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Forex

Euro Climbs to One-Month High

The euro rose above $1.145, hovering near its strongest level since June 19, as softer-than-expected US inflation data weighed on the dollar while investors increased bets on further European Central Bank policy tightening.The ECB, which delivered its first rate hike in three years in June, is wide…

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Forex