EUR/USD flubs attempt to recapture 1.11, closes flat on Friday

President Bola Tinubu is expected back in Abuja on Sunday, following his official visit to China and his short stay in the United Kingdom. President Tinubu it will be recalled, left Abuja for Beijing, China, on 29 August. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement on Saturday, disclosed

EUR/USD has been depreciating towards 1.10 over the past four sessions into the interest rate cuts expected at today’s European Central Bank governing council meeting, DBS’s FX analyst Philip Wee notes.   ECB is not on auto-pilot yet “Apart from the deposit facility rate declining a second time by 25 bps to 3.50%, there are also expectations for

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