Thursday, 27 July 2023

European Central Bank (ECB) Preview: 25bps and Done or More Hikes in the Offing?

With a 25bps hike largely expected and priced in by market participants, will the ECB shift to data dependency moving forward as recessionary fears rise. Let’s take a look at what to expect.

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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...