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European Central Bank to hike 25bps this week & in July. EUR/USD year-end forecast 1.14.

This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. According to ANZ, the ECB is expected to raise rates by 25 basis points in both June and July, reaching a terminal deposit rate of 3.75%. This aligns with market expectations and signifies that the ECB's easing cycle will commence later and be shorter than the Federal Reserve's. ANZ suggests that this scenario... Read More

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Content Topics

European

Central

Bank

Hike

25bps

This

Week

July

Eur

Usd

Central bank

Eur usd

Year end

Forecast

Forex

Posted: Jun 13 2023, 21:45

Author Name: forexlive

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