Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run of key policy meetings, but its decision in particular will echo through the markets.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
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