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EUR/USD Outlook: Lagarde Remains Hawkish Despite Turmoil

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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