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2025-10-30 17:31:40
[Euro Holds Steady Awaiting ECB Policy Decision] ⑴ The euro edged up to $1.162 as investors continued to digest economic data and central bank policy moves. ⑵ GDP data showed that the German and Italian economies stagnated in the third quarter. ⑶ The French and Dutch economies expanded at a faster pace. ⑷ On the inflation front, regional consumer price index data in Germany showed a slight easing of price pressures. ⑸ However, inflation accelerated in North Rhine-Westphalia, Germany's most populous state. ⑹ The Spanish consumer price index unexpectedly rebounded. ⑺ In terms of monetary policy, the ECB is expected to keep interest rates unchanged later today. ⑻ The Federal Reserve previously cut interest rates for the second consecutive time, but Chairman Powell stated that further rate cuts this year are not certain.
