Thursday, 4 May 2023

ECB Delivers 25bps Hike Leaving the Door Open for Further Hikes, EUR/USD Slides

ECB hikes rates by 25bps while pledging that future decisions will make rates sufficiently restrictive. EURUSD heading toward the 1.1000 level

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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...