The EUR has tumbled against the USD and GBP on news that the ECB is likely to cut inflation forecasts through 2019 because of weaker energy prices according to euro zone officials familiar with the matter.
EUR/USD has fallen from 1.1270 to 1.1210 with EUR/GBP falling to 0.8695.
ECB Inflation Outlook
ECB Inflation Outlook
The EUR has tumbled against the USD and GBP on news that the ECB is likely to cut inflation forecasts through 2019 because of weaker energy prices according to euro zone officials familiar with the matter.
EUR/USD has fallen from 1.1270 to 1.1210 with EUR/GBP falling to 0.8695.
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