U.S. Data Spark Bigger Euro Reaction Than ECB Decision
The euro was little moved by the European Central Bank’s 25 basis-point interest-rate cut on Thursday but improved U.S. economic data sparked a bigger reaction, causing the single currency to fall against the dollar, TD Securities said.
The euro was little moved by the European Central Bank’s 25 basis-point interest-rate cut on Thursday but improved U.S. economic data sparked a bigger reaction, causing the single currency to fall against the dollar, TD Securities said.
