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ECB going to 4%, but who is counting? - Credit Agricole
Credit Agricole CIB Research discusses the ECB policy trajectory.
"EUR/USD has regained some ground more recently on the back of growing Eurozone rates and yields that have helped the EUR-USD rate spread consolidate. The latter moves reflect growing ECB rate hike expectations as market estimates of the terminal policy rate hit 4% in the wake of surprisingly strong inflation data out of France and Spain yesterday," CACIB notes.
"We think that the path of least resistance for the... Read More
Posted: Mar 1 2023, 18:25
Author Name: forexlive
Views: 110668