European Central Bank (ECB) policymaker Peter Kazimir said on Monday, “latest rate cut moves us closer to our destination.”

Additional quotes

But we are not quite there yet.

Forecasts, services inflation, wage developments will navigate what will happen in April and beyond.

Market reaction

EUR/USD was last seen trading at 1.0246, down 1.10% on the day, heavily undermined by US President Donald Trump’s announcement of tariffs on Canada, China and Mexico over the weekend.

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