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Euro Tanks After 25bp Hike, Lagarde Goes Unheard

Euro Tanks After 25bp Hike, Lagarde Goes Unheard
Investors didn’t buy the rumour of a European Central Bank (ECB) rate hike but heavily sold the ECB’s intention to stop hiking the rates in the close future. The ECB raised the rates by 25bp yesterday and said that it ‘now considers that the key ECB rates reached levels that, maintained for sufficiently long duration, […] The post Euro Tanks After 25bp Hike, Lagarde Goes Unheard appeared first on Action Forex... Read More
Posted: Sep 15 2023, 05:45
Author Name: actionforex
Views: 111461

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