Euro Strengthens As Dollar Weakens, ECB Maintains Policy Rates

The euro advanced to $1.17 against the U.S. dollar on Thursday, buoyed by a broader dollar retreat following fresh U.S. inflation and unemployment data that reinforced expectations of interest rate cuts from the Federal Reserve later this year. The greenback came under renewed pressure after the Bureau of Labor Statistics (BLS) reported that the U.S. … Continue reading Euro Strengthens As Dollar Weakens, ECB Maintains Policy Rates