Written by FXStreet
Reviewed by FXStreet
Written by FXStreet
EUR/USD extends losses on ECB’s signaling the ending of the current rate-hike cycle.
MATIC price is still in a downward trend, and it remains to be seen whether it will inspire bullish sentiment among holders in the future.
In view of the weak economy and the downward trend in the inflation rate, the ECB is unlikely to raise its key interest rates further next week, and interest rates are also likely to remain unchanged at subsequent meetings.
Strong employment data in the US puts pressure on oil prices.