ECB: Contagion risk reshapes rate expectations – MUFG
MUFG’s Lee Hardman notes that unwanted tightening in Euro-zone financial conditions is prompting markets to pare back expectations for further ECB rate hikes.
Original · FXStreet AI summary of public reporting
Why: Fewer ECB hikes expected → supports EUR
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Prices since publication
At publication → CurrentEUR1.121 → 1.12−0.0%