The euro rose in the European market on Monday against a basket of global currencies, holding above its two-week low against the U.S. dollar, on track to achieve its first gain in the last four days. This was supported by buying activity from corrective levels and trading above the psychological barrier of 1.1 dollars. Data on consumer prices released at the end of last week showed a reduction in inflationary pressures on the European Central Bank's policymakers, leading to increased expectations of an interest rate cut in Europe this September.
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25 Jul 2025
European Central Bank: Eurozone companies under pressure from Chinese competition
A survey conducted by the European Central Bank revealed that eurozone companies are facing a growin...
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