Traders are betting that the European Central Bank's interest rate cut cycle has ended, with hawkish signals supporting the euro rebound.

Zhtng Cijng APP learned that the European Central Bank (ECB) on Thursday kept its benchmark interest rate unchanged and released a hawkish signal, prompting market traders to bet that its rate-cutting cycle may have ended. This shift led to a rebound in the Euro exchange rate and triggered significant selling of Eurozone bonds, especially short-term bonds.