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Euro tumbles on report that ECB considering smaller hike in Mar

Euro tumbles broadly after Bloomberg reported, quoting unnamed source, that ECB is pondering slower rate hike after 50bps in February. It noted that “the prospect of a smaller 25-point increase at the following meeting in March is gaining support”. EUR/CHF’s break of 0.9953 resistance turned support now raising the chance of at least a deeper […] The post Euro tumbles on report that ECB considering smaller hike in Mar appeared first on Action Forex... Read More

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Posted: Jan 17 2023, 16:06

Author Name: actionforex

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