Forex Top Team

Reaction of buying euro, ECB vice president mentions possibility of rate hike in July

In the morning of London, the movement to buy euros is spreading. ECB Deputy Governor Degindos has responded to mentioning the possibility of a July rate hike, albeit dependent on data. Eurodollar hit a high of 1.0898 level from around 1.0850. The euro-yen has risen from around 139.10 to the 139.46 level, rising to a high. In the money markets, the ECB has factored in three 0.25% rate hikes this year.

(Source: Minkabu)

Today, the focus is on raising the EUR rate, and major repurchase movements are ongoing. I will consider trading the EUR if I have a chance.

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