The euro fell by around 7% to 1.035 against the US dollar ( EUR/USD) in the fourth quarter of 2024 on the heels of a dovish European Central Bank (ECB). The bank reduced its benchmark interest rate ...
December’s rise comes after inflation in the 20-nation single currency area fell to a three-year low of 1.7 percent in September. Consumer prices have since been inching back up to above the ECB’s ...
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