Two Blokes

ECB Cuts Rates. EUR/USD Spikes to 1.5-Month High

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    Posted by Two Blokes Jun 6 - Filed in Forex - 3 views
    Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024).