Subscribe To
Why the euro is struggling despite higher rate hike odds

I'm fairly certain that the leak from the ECB regarding higher 2024 inflation forecasts -- these are undoubtedly the all-important staff forecasts -- is a message to the market that they're planning on hiking. If not it's a bizarre communications strategy from the ECB.What's upsetting is that the were was heavy buying of rate derivatives before the leak and the euro was also curiously strong on Monday. So I can't rule out that some of the price action today is mixed up in whatever is happening b...
Read More
Posted: Sep 13 2023, 19:09
Author Name: forexlive
Views: 091283