The headquarters of the European Central Bank (ECB) in Frankfurt, Germany. The ECB dropped its key rate by 10 basis points Thursday in an effort to stimulate eurozone economies. Getty Images
The headquarters of the European Central Bank (ECB) in Frankfurt, Germany. The ECB dropped its key rate by 10 basis points Thursday in an effort to stimulate eurozone economies. Getty Images

Markets

Euro surges as ECB rate cut seems to mark last stimulus move

Receding fears of a no-deal Brexit and dollar weakness also pushed the pound to a seven-week high Friday.

Reuters

September 13, 2019