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Back Fundamental analysis
Why EUR continues to rise against USD
Discussions regarding the need for the
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Discussions regarding the need for the European Central Bank (ECB) to raise interest rates rather than lower them have completely overturned market expectations for further monetary easing. However, a number of European officials, including Governing Council member Francois Villeroy de Galhau, were quick to dispel such talks. Villeroy stated that the European Central Bank has no grounds for an imminent interest rate hike, as it is likely to keep borrowing costs unchanged at the upcoming meeting next week. The head of the
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
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Pavel Vlasov
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