EURUSD MARKET UPDATE:EURUSD Unlikely to get a sustained boost even from a large rate hike by the ECB – UBS.

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EURUSD SIGNAL

EURUSD MARKET UPDATE

EURUSD MARTKET UPDATE :The European Central Bank EURUSD (ECB) is expected to hike its policy rate by 75 basis points (bps). However, such a move is unlikely to lift the euro, in the opinion of economists at UBS.

EURUSD MARKET UPDATE :The euro looks unlikely to get a sustained boost, even from a large rate hike by the European Central Bank. Investors will be looking to see if ECB policymakers opt for a 75 bps hike. While top ECB officials have become more hawkish recently, we expect worries regarding growth to dominate trading in the euro, especially following Russia’s decision last week to stop gas supplies via the Nord Stream 1 pipeline.”Confuse Which Broker is best ? , Here you can find the best regulated broker

 

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