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Stock impact report

Euro Falls to Lowest Since 2022 as Bets on ECB Rate Cuts Surge [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting Paris to Replace Parking Spaces With Trees NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll The single currency fell more than 1% to $1.0335, the weakest since November 2022 after data showed business activity in the bloc's two biggest economies contracted more than expected. The market-implied odds of a half-point rate cut next month jumped to more than 50%, from about 15% on Thursday. The euro is one of the worst-performing currencies across the Group-of-10 over the past three months as the outlook for Europe darkens. The prospect of harsh tariffs under Donald Trump has further muddied the outlook for the region, with traders betting the currency could slide toward $1. The euro is “under immense pressure,” said Kristoffer Kjaer Lomholt, head o Show less Read more
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