29 April | Euro

Euro strength increase expectations of ECB's rate cuts and attract US attention

Euro strength increase expectations of ECB's rate cuts and attract US attention

The strengthening of the euro is actively attracting officials’ attention, reinforcing expectations of more intensive interest rate cuts by the European Central Bank (ECB). The main reason for these expectations is the absence of signs of slowdown in the growth of the European single currency.

The euro has strengthened 5% against the monetary units of the bloc’s major trading partners since the beginning of March. The rise is raising concerns not only among members of the European regulator, but also in America. On Monday, the US Treasury Secretary Scott Bessent suggested the possibility of new measures for curbing the eurozone currency's rise against the US dollar.

According to Bloomberg, the chaotic trade policy of the United States President Donald Trump has caused a shift in investors' focus towards the euro as an alternative asset. However, this increased attention to the European monetary unit complicates the attempts of the ECB officials to stimulate the region’s economic growth.

Investors are now awaiting the ECB's next inflation forecast update in June for clues on the pace of possible rate cuts in the coming months.

Anton Volkov MarketCheese
Period: 19.09.2025 Expectation: 950 pips
GBPUSD is correcting after testing resistance
Yesterday at 10:29 AM 109
Gold buy
Period: 31.12.2025 Expectation: 2400 pips
Buying gold from $3,450 support
Yesterday at 09:29 AM 57
Period: 19.09.2025 Expectation: 1000 pips
AUDCAD poised for further gains after brief consolidation
Yesterday at 08:42 AM 109
Period: 31.10.2025 Expectation: 6000 pips
Selling SPX prior to seasonal correction
Yesterday at 08:27 AM 99
Brent sell
Period: 19.09.2025 Expectation: 188 pips
Supply glut puts pressure on Brent prices
Yesterday at 07:20 AM 113
Period: 18.09.2025 Expectation: 160 pips
Buying gas with $3.150 target amid completing correction
11 September 2025 224
Go to forecasts