Key takeaways ECB hike largely priced in: Markets widely expect the ECB to raise its deposit rate by 25 basis points to 2.50%. The bigger catalyst for EUR/USD is whether Christine Lagarde signals further tightening. Energy inflation has shifted the ECB outlook: Brent crude above US$100 and Eurozone inflation above 3% have revived hawkish policy […]
The post Chart Alert: EUR/USD Minor Uptrend Intact Ahead of ECB as Markets Brace for 25bp Rate Hike appeared first on ActionForex.
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