Markets Bet on Early ECB Rate Cuts to Spur Euro Weakness
- Markets pushing for ECB to cut rates earlier, possibly as soon as April
- EUR/USD now trading at multi-week lows below 1.0800
- Markets forecasting over 140 basis points of ECB rate cuts this year
- EUR/USD exhibiting weakness with lower highs and lower lows
- US Core PCE inflation data today could further impact EUR/USD