Lagarde believes financial market volatility might assist the ECB in lowering inflation. The ECB increased the interest rate on bank deposits by 50 basis points to 3%. Investors have reduced bets on ECB’s peak rate to 3.1%. Today’s EUR/USD outlook is bullish. According to ECB President Christine Lagarde, financial market volatility might assist the central … Continued
The post EUR/USD Outlook: Lagarde Remains Hawkish Despite Turmoil appeared first on Forex Crunch.
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