'Inflation target may be reached sooner than last projections indicated,' commented European Central Bank (ECB) Executive Board member Piero Cipollone.
Following Friday's remarks from Stournaras that "everything points to another cut in April," ECB members continue their dovish tone into the new week. According to Piero Cipollone, the potential of the European GDP should not be underestimated.
EURUSD gave up some of its recent gains after the dovish signals from the ECB intensified. Source: xStation5
Economic calendar: Speeches by central bankers; quarterly results from Ferrari, AMD, and Pfizer (04.11.2025)
BREAKING: PMI data from European countries came in line with expectations 🔎
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⏬EURUSD the lowest in 3 months