German Inflation Surprise Sparks Euro’s Drop as Markets Price in ECB Rate Cut
German inflation data for May came in below expectations, fueling speculation of an ECB rate cut as EUR/USD slipped under 1.0850. Forex markets react swiftly to shifting monetary policy outlook amid broad-based price easing across Germany’s largest states. Read more: https://www.xtb.com/int/market-analysis/news-and-research/breaking-german-inflation-comes-in-significantly-below-expectations-eurusd-slips
