Following the ECB’s announcement, the euro slid against the USD by 0.78%. Economics Inflation
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EUR/USD extends its downside near the 1.1040 mark, Fed, ECB meeting eyedThe EUR/USD pair extends its downside and edges lower to the 1.1040 mark in the early Asian session. The major pair trades on a negative note for six
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EUR/GBP consolidates below 0.8600 as investors await ECB policyThe EUR/GBP pair is demonstrating directionless performance in the Asian session around 0.8570. The cross is expected to extend its declining spell de
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Dollar steadies near two-week high before Fed, euro rises on ECB rate hike betsThe dollar hovered close to a two week high on Wednesday ahead of an expected U.S. Federal Reserve interest rate rise later in the day.
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ECB’s tough-guy act is getting harder to maintainTraders expect the European Central Bank to hike rates by 25 basis points on Thursday. President Christine Lagarde wants them to stay high to curb inflation, yet markets are betting on cuts in early 2024. Unless she wins the argument, borrowing costs may have to rise more.
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ECB Preview: Forecasts from 12 major banks, the final 25 bps?The European Central Bank (ECB) is set to announce its Monetary Policy Decision on Thursday, July 27 at 12:15 GMT and as we get closer to the release
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