The euro continued from where it left on Wednesday, rising 0.09% to trade at 1.0782 at 09:50 GMT in the early morning London session trading on Thursday. The EURUSD pair still has some way to go as it seeks to erase the losses incurred over the past week. Furthermore, the pair is still trading at 7-week lows, tracing back to December 11th, 2023. However, the euro has gained about 0.4% over the past two days as the dollar consolidates. The European Central Bank’s latest economic bulletin states that its interest rate policy is unlikely to change before June, despite an underperforming economy. Furthermore, the ... (full story)