The Euro (EUR) registered marginal losses against the U.S. Dollar (USD) on Thursday, erasing most of its gains on Wednesday.<\/p>\n\n\n\n
The EUR\/USD pair declined by about 0.02% to reach the 1.2177 level, following a series of fluctuations due to various factors affecting the market.<\/p>\n\n\n\n
On one hand, the European Central Bank (ECB) decided to maintain interest rates and committed to the current size of the Pandemic Emergency Purchase Program (PEPP) until March 2022.<\/p>\n\n\n\n
The ECB avoided talks about tapering or reversing its policies and stimulus measures amid signs of economic recovery from the coronavirus pandemic.<\/p>\n\n\n\n
As for its expectations for inflation, the ECB now foresees inflation rising to 1.9% for 2021 and easing to 1.5% next year.<\/p>\n\n\n\n
May\u2019s reading of the U.S. Consumer Price Index (CPI) showed a 5% surge, prompting question marks about a change in policies by the Federal Reserve.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Euro (EUR) registered marginal losses against the U.S. Dollar (USD) on Thursday, erasing most of its gains on Wednesday. The EUR\/USD pair declined by about 0.02% to reach the 1.2177 level, following a series of fluctuations due to various factors affecting the market. On one hand, the European Central Bank (ECB) decided to maintain …<\/p>\n","protected":false},"author":10,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6872,6968,6871],"class_list":["post-46843","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eur","tag-eurusd","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46843"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46843\/revisions"}],"predecessor-version":[{"id":46844,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46843\/revisions\/46844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}