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Fundamental Analysis Posted 1 hour ago

ECB to Hike 25bp; Lagarde Expected to Avoid Forward Guidance

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The ECB is widely expected to raise its deposit rate by 25 basis points to 2.50% on September 10, matching market consensus. President Lagarde is anticipated to retain policy optionality and refrain from issuing firm forward guidance, which should limit near-term EUR volatility. Mixed staff projections may complicate the narrative.
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