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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

EUR
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Prices since publication

At publication → Current
EUR1.121 → 1.12−0.0%
ECB: Contagion risk reshapes rate expectations – MUFG | SignalHub