Advertisements

Euro edges higher; ECB to hike next week

by Holly

EUR/USD rose 0.1% to 1.1139, bouncing after having dropped 0.6% on Thursday, as the dollar appreciated.

The European Central Bank is expected to raise interest rates by 25 basis points next week, and traders will be looking for guidance of future policy with a number of policymakers having sounded more dovish ahead of their blackout period.

Advertisements
Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com