EUR/USD Slides Further Below 1.0500
The EUR/USD pair declined further on Friday, dropping another 0.2% and moving significantly below the 1.0500 level.
This marks the fifth consecutive day of losses for the pair, following the European Central Bank’s decision to cut interest rates by 25 basis points. Meanwhile, market sentiment continues to favor the U.S. dollar, adding more pressure on the EUR/USD pair.
This marks the fifth consecutive day of losses for the pair, following the European Central Bank’s decision to cut interest rates by 25 basis points. Meanwhile, market sentiment continues to favor the U.S. dollar, adding more pressure on the EUR/USD pair.
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