EUR/USD: Limited scope for lower yields at the front-end in the Eurozone will provide Euro with support – MUFG EURUSD ECB InterestRate Banks
ECB minutes point to two more hikes
ECB President Lagarde stated yesterday that there was ‘no clear evidence’ that underlying inflation had peaked. Expect that rhetoric to be repeated when President Lagarde speaks in the policy press conference on 14th June after a likely hike of 25 bps. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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