Euro Rises Ahead of ECB Decision; Aussie Surges on Employment Data

Euro Rises Ahead of ECB Decision; Aussie Surges on Employment Data

The euro strengthened slightly on Thursday, trading at $1.0527, ahead of the much-anticipated European Central Bank (ECB) policy decision. Markets widely expect a 25-basis-point rate cut, but traders are watching closely for any hints about a larger cut or future rate paths. ECB President Christine Lagarde’s remarks post-meeting could prove pivotal for the euro’s direction. […]