Charles Purdy
on May 26th, 2022 The euro is still trading around strong levels against the dollar this morning after the European Central Bank confirmed that an interest rate hike will take place in July.
Tomorrow, the ECB’s Chief Economist, Philip Lane, will speak and the markets will be listening for any comments surrounding upcoming interest rates.
It’s a quiet day for European data releases, however, we can expect data on loans to households and companies to be released tomorrow morning.
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