XE Market Analysis: Euro Falls After ECB Meeting

OVERVIEW The ECB’s “very accommodative” monetary policy was kept on hold as inflation continues to undershoot its target. The Bank of Japan kept monetary policy unchanged while giving its most optimistic assessment of the economy in almost a decade. Donald Trump’s top economic team unveiled plans for the biggest tax cut in US history. US durable goods order rose 0.7% last month. Spain’s unemployment unexpectedly rose to 18.75% in the first quarter, the first increase in a year.

Source: XE news feed
XE Market Analysis: Euro Falls After ECB Meeting