The Euro is weakening against the USD as the market believes that the European Central Bank may have ended its interest rate hike cycle.
While the Fed still depends heavily on economic data and each policy meeting, the ECB has essentially signaled that it is in the final phase of the monetary policy tightening cycle.
ECB President Christine Lagarde said that the ECB's record high deposit interest rate could help bring inflation down to the target level of 2%, while emphasizing the possibility that the Fed will increase interest rates furth
While the Fed still depends heavily on economic data and each policy meeting, the ECB has essentially signaled that it is in the final phase of the monetary policy tightening cycle.
ECB President Christine Lagarde said that the ECB's record high deposit interest rate could help bring inflation down to the target level of 2%, while emphasizing the possibility that the Fed will increase interest rates furth
