Euro to Weaken as the ECB Pushes Rate Cuts ForwardCME: Euro FX ( CME:6E1! )
On June 6th, the Governing Council of the European Central Bank (ECB) cut the official Interest Rate on the Deposit Facility by 25 basis points from 4.00% to 3.75%. This was the first ECB key rate reduction in five years, signaling a major shift in monetary policies in the