February 02, 2023 16:05 GMT
EUR Inches Higher as Reuters Cites Some ECB Policymakers Seeing at Least Two More Hikes
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- EUR/USD inches higher on Reuters reporting that ECB policymakers see at least two more rate hikes, with an increase of 25 or 50bps in May. The report adds that some policymakers at the ECB see 3.5% as the terminal rate.
- EUR/USD inches higher to touch 1.0949 before fading slightly.