The ECB took centre of attention this week. According to the monetary policy meeting statement, the ECB intends to end QE by 1 July and hike policy rates by 25bp in connection with the July meeting. The ECB also opened the door for hiking by 50bp in September “if the medium-term inflation outlook persists or […]
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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