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What to expect from the ECB later today and how will the euro react?

What to expect from the ECB later today and how will the euro react?
The ECB already pre-committed to a 25 bps rate hike today and they will certainly deliver on that. There will be no surprises on that front and markets have already fully priced in such a move. As such, the decision in itself isn't what is going to be what traders will be reacting to. Instead, it is about the communication for the September meeting.So, what can we expect from the ECB on that front?I've mentioned already in a few posts earlier and I will say it again. I would not hold high hopes... Read More
Posted: Jul 27 2023, 10:38
Author Name: forexlive
Views: 102578

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