-
Posted by
Two Blokes Jun 5 -
Filed in
Forex
-
3 views
The Euro keeps trading on a moderate positive bias on Thursday, fuelled by a positive surprise on Eurozone services PMI data, but remains trading within previous days' ranges, with investors awaiting the ECB's monetary policy decision. The bank is widely expected to cut interest rates for the eighth consecutive time, bringing its benchmark rate to 2%, and President Lagarde will stick to her neutral “meeting by meeting” message, avoiding committing to any particular rate path.
