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ECB rate hike bets trimmed in volatile start to the session

It nudged up to a high of around ~60% earlier after the French inflation numbers but was quickly dragged back down and Schnabel's indecisive comments here are also not really helping with confidence about another rate hike. It's a volatile one to start the day but at the balance, this is weighing on the euro with EUR/USD now down 0.2% to 1.0900 to start the session.The only blotch with the French inflation report earlier I would say is that the details reveal that it was energy prices that led t... Read More

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Posted: Aug 31 2023, 07:39

Author Name: forexlive

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