ECB and Fed disappoint interest |
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Franc moves sideways – SNB in a conflict Yen in sideways channel close to low – until when? US dollar The latest interest rate decision-making meetings of the US Fed and of the ECB caused some movement in the forex markets. The two central banks still disappointed market participants speculating on future interest rate hikes and the EUR/USD is hovering around 1.56 now. Neither did this change after the ECB raised key lending rates in contrast to the Fed. The markets had been expecting the move
Filed under: Fundamental
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