Euro Slides On Goldman Forecast Cut, Expectation Of 25 bps ECB Rate Cut

With an increasing number of market participants expecting a rate cut from the ECB at next week’s May meeting, Goldman Sachs is piling on in a considerably less exuberant manner than the crash lower in peripheral bond yields would suggest. EURUSD reversed its gains very rapidly as Goldman slashed…

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Euro Slides On Goldman Forecast Cut, Expectation Of 25 bps ECB Rate Cut