ECB Account seen reinforcing hike case – BBH
EUR/USD trades heavy below 1.1200 ahead of the ECB Account release. Above-target Eurozone inflation and a firmer growth outlook give the ECB scope for further tightening, limiting divergence with the Fed.
Original · FXStreet AI summary of public reporting
Why: Above-target inflation and firmer growth → ECB hike scope
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Prices since publication
At publication → CurrentEUR1.118 → 1.12+0.2%