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It's a tall order for the euro to sustain any climb after the ECB today

We've talked here about how if the ECB doesn't hike today, they will have to sell a hawkish pause instead. And that itself seems like a daunting task for the central bank. But what happens if the ECB does follow through with the leak earlier this week and hike rates by 25 bps? Is that a good enough case for the euro to strengthen? Let's discuss.The odds of a rate hike for later today now stand at ~65% and that comes after a report earlier this week suggested that the ECB will bump up its inflati... Read More

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Posted: Sep 14 2023, 07:48

Author Name: forexlive

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