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European Central Bank meeting preview, to bring on 'undesirable' EUR volatility'?
Via a Commerzbank note previewing the European Central Bank meeting decision due on Thursday. Analysts at the bank say that following the the ECB signalling a continuation of rate hikes for today's meeting at its previous meeting, "the ECB is likely to find it difficult to move to a less explicit forward guidance without the market initially seeing that as a dovish signal."But Commerzobank says since that meeting signs have accumulated that the ECB too is no longer able to hike on autopilot:anal...
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Posted: Jul 27 2023, 03:38
Author Name: forexlive
Views: 080873