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Rising Interest Rate Support Further Propelled the Euro

Markets Yesterday, first German regional CPI’s (North Rhine Westphalia) and Spanish headline CPI declining from 6.0% to 3.1% (HICP) suggested EMU March inflation slowed faster than expected. European yields nosedived up to 10 bps+ at the open. Maybe the ECB had more room keep a wait-and-see approach than indicated until now. However, the story wasn’t […] The post Rising Interest Rate Support Further Propelled the Euro appeared first on Action Forex... Read More

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Euro

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Posted: Mar 31 2023, 06:58

Author Name: actionforex

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