The euro surged past the 1.14 mark against the dollar following the European Central Bank’s decision on June 5, 2025, to reduce its benchmark deposit rate from 2.25% to 2.00% — marking the eighth cut within a year. President Christine Lagarde emphasized that with inflation now hovering near the 2% target, the ECB is likely approaching … Continue reading Euro Climbs Above 1.14 After ECB Rate Cut To 2%