Tag Archives: EBC
Euro Falls on Soft CPI, ECB Rate Decision Remains Cautious
On Thursday, Germany’s inflation rate y/y for August decreased to 1.9%, down from 2.3% in July. Similarly, Spain’s inflation rate y/y for August dropped to 2.2% from the previous 2.8%. This led to a decline in the Euro, with EUR/USD closing at 1.0770 after falling 0.38%. (EUR/USD Daily Price Chart, Source: Trading View) European Central […]