Monday, 18 July 2022

Defining Week for the Euro: ECB Lift-Off, CPI and Bond Market Jitters

Risks for the euro accrue ahead of inflation print and the ECB’s anticipated 25 bps hike. Further complications arise via Russian gas flows and Italian politics

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...