EUR/USD Falls as ECB Signals Dovish Outlook, Boosting US Dollar Ahead of Inflation Data
EUR/USD Extends Downside Momentum European Session Observations EUR/USD continues to slide, reaching the key psychological support level of 1.0500 during Wednesday’s European trading session. The currency pair is under pressure due to strong indications that the European Central Bank (ECB) will lower its Deposit Facility rate by 25 basis points (bps) to 3% at the…