EUR/USD climbs to six-week high as ECB cuts interest rates, US Jobless Claims disappoint
EUR/USD extends its gains, reaching its highest level since April 22 on Thursday. The ECB cuts its key interest rate by 25 bps, signaling a data-dependent approach moving forward. US Initial Jobless Claims rise to 247,000, adding pressure on the US Dollar ahead of the May NFP report due on Friday. The Euro (EUR) edges … Read more