Forex
globalreutersJune 11, 20241 Mins read
ECB’s Rehn: Monetary policy has dampened price pressures
globalreutersJune 11, 20241 Mins read European Central Bank (ECB) policymaker Olli Rehn said on Tuesday that the “monetary policy has dampened price pressures.” He added that “there has been considerable progress in bringing inflation down to target.” Market reaction The above comments add to the renewed downside in the EUR/USD pair, as it flirts with intraday lows near 1.0750, at the time of writing.
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