What about ECB economic projections? | 14 3月 2023

14 3月 2023, EUR/USD

What about ECB economic projections?

EURUSD trading plan:

The European Central Bank looks set to deliver another interest rate hike on Thursday, but turmoil in global bank stocks makes the outlook suddenly uncertain. A surprise surge in underlying inflation in February had left policymakers fretting that price pressures could prove persistent. Now, confidence in a large 50 basis point hike has weakened as turmoil in the U.S. banking sector raises fears about contagion in Europe. ECB President Christine Lagarde said recently a 50-basis points rate hike "is very, very likely". Yet traders cut their bets on such a move to around a 40%. The ECB is meanwhile expected to stick to plans for shrinking its balance sheet by 15 billion euros a month through June.

Investment idea: buy 1.0678 and take profit 1.0767.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus