Tag Archives: Rates Cut
Focus on EURUSD today – 13th SEP 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for SEP 13, 2024. Key Takeaways Technical Analysis Daily Chart Insights (EUR/USD Daily Price Chart, Source: Ultima Markets MT4) H1 Chart Insights (EUR/USD H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (EUR/USD M30 Price Chart, Source: Ultima Markets APP) Conclusion […]
ECB Cut Rates to Boost Inflation and Economy Growth
On Thursday, the European Central Bank reduced its rates from 3.75% to 3.50%, citing easing inflation and economic conditions as reasons for slightly easing its policy stance. This marks the second rate cut in three months, signalling a gradual normalization after last year’s aggressive rate hikes in response to the highest inflation levels in decades. […]