Saturday, August 9, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

ECB rate hike catapults EUR/USD into sharp decline: a tale of forex sensitivity

September 14, 2023
in Crypto Exchanges
Reading Time: 1 min read
A A
0

[ad_1]

Fast Take

The European Central Financial institution (ECB) has initiated a fee hike of 25 foundation factors, inflicting the ECB charges to now stand at 4%. This transfer, aimed toward tightening financial coverage, has had a major influence on international alternate markets, notably influencing the EUR/USD pair.

The pair skilled a pointy decline, dropping to simply under 1.07 post-announcement. This means the market’s sensitivity to the ECB’s financial coverage choices, reflecting the influential function of central banks on forex valuations.

The instant response of the EUR/USD pair underscores the shut connection between rates of interest and Foreign exchange actions. As greater rates of interest usually strengthen the native forex, the downturn could point out traders’ response to the potential financial implications of the speed hike. This motion, whereas seen as a measure to curb inflation, might also mirror the ECB’s confidence within the area’s financial stability.

ECB Deposit Rate: (Source: jeroen blokland)
ECB Deposit Charge: (Supply: jeroen blokland)

The publish ECB fee hike catapults EUR/USD into sharp decline: a story of foreign exchange sensitivity appeared first on CryptoSlate.

[ad_2]

Source link

Tags: catapultsDeclineECBEURUSDForexHikeRatesensitivitySharpTale
Previous Post

ConsenSys and Animoca Brands Investor C Capital Reaches New Heights with $250 Million Fund III

Next Post

New Cryptocurrency Releases, Listings, & Presales Today – Passage, Block Browser, PICKLE

Next Post
New Cryptocurrency Releases, Listings, & Presales Today – Passage, Block Browser, PICKLE

New Cryptocurrency Releases, Listings, & Presales Today - Passage, Block Browser, PICKLE

KuCoin’s Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049

KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049

OKX Switch McLaren MCL60 Race Car To Stealth Mode For The Singapore Grand Prix

OKX Switch McLaren MCL60 Race Car To Stealth Mode For The Singapore Grand Prix

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

s