EUR/USD to grind higher as Fed-ECB policy gap is set to narrow – SocGen EURUSD ECB Fed CPI Banks
ECB statement and press conference to guide toward another 25 bps in July
The ECB statement and press conference are likely to guide toward another 25 bps in July. September is a much closer call, but the ECB will be tight-lipped on what happens after August and will have three more CPI releases when it reconvenes after the summer break. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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