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EUR/USD on the edge after ECB signals end to rate hikes

The euro was beaten down after the ECB policy decision yesterday, in which the central bank communicated that they are more or less done with rate hikes already. The question now is, for how long can they stick with their higher for longer narrative? Especially since the euro area economy is running to the ground and recession risks are growing with every passing day.It will be an extremely difficult task for the ECB to manage a soft landing here and markets are also somewhat of that opinion. Th... Read More

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Posted: Sep 15 2023, 05:19

Author Name: forexlive

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