OANDA Senior Market Analyst Craig Erlam discusses the impact of the ECB interest rate decision and press conference on EURUSD.
Content is for general...
German, eurozone PMIs show improvement
EUR/USD is showing limited movement on Friday, with a muted response to today’s German and eurozone PMIs for December....
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]