The European Central Bank (ECB) officials think that markets are underestimating rate-cut odds, Bloomberg reported on Wednesday, citing sources familiar with the matter. Policymakers have reportedly agreed to reaffirm that more stimulus via a rate-cut remains a viable option. Market reaction The shared currency suffered heavy losses against its rivals following this headline. As of writing, the EUR/USD pair was losing 0.76% on a daily basis at 1.2068. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD slips to low $1830s ahead of FOMC meeting FX Street 1 year The European Central Bank (ECB) officials think that markets are underestimating rate-cut odds, Bloomberg reported on Wednesday, citing sources familiar with the matter. Policymakers have reportedly agreed to reaffirm that more stimulus via a rate-cut remains a viable option. Market reaction The shared currency suffered heavy losses against its rivals following this headline. As of writing, the EUR/USD pair was losing 0.76% on a daily basis at 1.2068. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
