ECB hawks trying to keep the door open for more rate hikes

This might be what is helping the euro a little so far today, as the FT is reporting that several of the ECB’s more hawkish members are of the view that there could be another rate hike in December if wages and inflation pressures continue to persist. It cites three policymakers in saying that: “I

Dollar retreats after CPI release; euro gains ahead of ECB decision By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday after U.S. inflation release, while the euro climbed from recent lows ahead of the European Central Bank’s eagerly-awaited rate-setting meeting.  At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%

ECB Hikes by 25 bps, Hints Rates Have Peaked

ECB Hikes by 25-bps, Hints at Reaching Terminal Rate The ECB voted to raise all three interest rates, seeing the deposit facility up to 4%. The decision was taken after the committee’s assessment of the inflation outlook, incoming data and strength of monetary policy transmission necessitated a hike. Customize and filter live economic data via

Event Guide: ECB Monetary Policy Statement (September 2023)

Can the ECB squeeze in one more interest rate hike for the road? Or are they done tightening this time? Here’s what market watchers are expecting for the September ECB decision and how the euro might react. Event in Focus: European Central Bank (ECB) Monetary Policy Statement When Will it Be Released: September 14, Thursday:

ECB to Upgrade 2024 Inflation Forecast?

EUR/USD PRICE FORECAST: If you are a beginner trader, make use of our resources and download your free guide now Recommended by Zain Vawda Forex for Beginners WEEKLY FORECAST: Japanese Yen Selloff Resumes: USD/JPY, EUR/JPY Eye Further Upside The Euro staged a late recovery yesterday helped by a waning Dollar Index (DXY) as the day