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EUR drops against the USD as ECB announces rate cuts

  • Regular
  • FX Market
  • 2 months ago
  • 25

The Euro fell as much as 0.7% to 1.095 against the greenback, marking its lowest level since May 2017.

The drop came shortly after the ECB cut the deposit rate and relaunched a QE programme starting November.

 

 

Source: Smart Trend Team