ECB cuts interest rates: This marks the first time the ECB has implemented back-to-back rate cuts since it began its current cycle of easing in response to falling inflation rates.

EUR/USD recovers mildly on Friday after posting a fresh 10-week low near 1.0800 on Thursday.

EUR/USD continues to backslide following the European Central Bank’s (ECB) quarter-point rate trim early Thursday.

European Central Bank policymakers have decided to lower interest rates by a quarter percentage point, a third such cut this year as inflation across the 20-member eurozone came down to 1.7 percent in…

The decision is to majorly benefit tracker mortgage holders.

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

EUR/AUD falls by almost three-quarters of a percent to the 1.6180s on Thursday after a combination of stronger-than-expected Australian labor market data boosted the Australian Dollar (AUD) whilst the Euro (EUR) depreciated ahead of the European Central Bank’s (ECB) decision to cut interest rates, and remained under pressure as the bank telegraphed a mildly negative economic outlook for the region going forward.

The European Central Bank cut interest rates on Thursday for the third time this year, as expected.

Rate cut is its third since June and shows optimism among rate-setters over the path of inflation

The EUR/GBP pair remains fragile after the European Central Bank (ECB) policy meeting in which the central bank cut its Rate on Deposit Facility by 25 basis points (bps) to 3.25%.

Economists and investors expect the bank to deliver another cut in December.

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the bloc to slide into recession as it cut borrowing costs once again Thursday in the wake of recent data showing inflation across the bloc falling to its lowest level in more than three years, and economic growth waning.

GBP/USD depreciated 0.6% to 1.2990, closing below 1.30 for the first time since August 19.

Eurozone inflation figures for September were revised lower on Thursday, falling further below the European Central Bank's target of 2% to levels not seen since April 2021.

The EUR/JPY pair trades in a tight range around 162.50 in Thursday’s European session.

Yesterday's inflation figures put the Pound Sterling (GBP) under considerable pressure: at 4.9% year-on-year, services inflation was even lower than expected, it got it yesterday, Commerzbank’s FX analyst Michael Pfister notes.

Focus today is on the ECB meeting, where we expect the ECB to deliver yet another rate cut of 25bp, bringing the deposit rate to 3.25%.

The decision came after new figures showed inflation across the bloc had fallen to its lowest level in more than three years.

The slowdown in consumer price increases comes as the European Central Bank is expected to cut interest rates.

The slowdown in consumer price increases comes as the European Central Bank is expected to cut interest rates.

The market is pricing a 25bp ECB rate cut today with a 97% probability, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

The EUR/GBP cross trades on a weaker note around 0.8355 during the early European session on Thursday.

The EUR/JPY cross attracts fresh sellers during the Asian session on Thursday, with bears still awaiting a sustained break below the 162.00 mark before positioning for an extension of the recent pullback from the 163.55-163.60 supply zone.

EUR/USD slides further to near 1.0810 on Thursday.

EUR/USD is in freefall, plummeting to multi-week lows as the Euro continues to crumple ahead of the European Central Bank’s (ECB) upcoming rate call on Thursday.

The EUR/USD pair extends its decline to near 1.0850 during the early Asian session on Thursday.

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is cutting borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years...

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.

(Bloomberg) — Japan’s key inflation gauge slowed in September for the first time in five months, ahead of a central bank meeting later this month where the board is widely expected to keep the interest rate unchanged. 

NZD/USD breaks its three-day losing streak, trading around 0.6070 during the Asian hours on Thursday.