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ECB to hike 25bps, can EUR/CHF extend rebound?
ECB is widely expected to raise interest rates today, and lift the main refinancing rate by 25bps to 4.00%, the highest level since 2001. The deposit rate, once negative, will correspondingly be raised to 3.50%. The bigger question is about forward guidance, but it’s unlikely for President Christine Lagarde to shift from the “data-dependent”, “meeting-by-meeting” […] The post ECB to hike 25bps, can EUR/CHF extend rebound? appeared first on Action Forex...
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Posted: Jun 15 2023, 06:56
Author Name: actionforex
Views: 112634