Key highlights from today’s economic radar include a stronger euro despite the European Central Bank’s rate cut, stable dollar performance, rising gold prices amid weak U.S. data, and falling oil prices due to supply concerns. The euro climbed to 1.1446 dollars after the ECB reduced rates by 25 basis points, signaling controlled inflation. Meanwhile, gold gained strength, trading at $3,359.26 per ounce, supported by weaker U.S. employment figures and positive signals from China. Crude oil faced declines as OPEC+ announced increased production, with WTI dropping 0.2% to $63.26 and Brent falling 0.1% to $65.26 per barrel. Analysts warn of potential oversupply risks in the coming months.
— new from Bitfinanzas
