EUR/USD: Euro likely to benefit from monetary policy decisions – Commerzbank EURUSD ECB Fed Banks
Whereas the ECB is expected to implement a further 25 bps rate hike, the US central bank is likely to pause its rate hike cycle. However, the expectations for the US central bank meeting are characterised by higher uncertainty, as there are some market participants who expect a rate hike on Wednesday.
Whereas we principally expect the EUR to find support as a result of the monetary policy decisions, there is larger potential for surprises on the USD side of things.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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