Monday, 26 September 2022

Euro (EUR) Forecast – EUR/USD Slumps to a Fresh 20-Year Low, Ifo Warns of a Recession

‘A bleak mood hangs over Germany’ according to the latest Ifo business climate index with the economy expected to shrink in Q3.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...