EUR/USD downside momentum will likely return quickly – MUFG EURUSD ECB Banks
rate hike should match the September move of 75 bps or be reduced to 50 bps. In the latter case, the euro could come under further downward pressure, economists at MUFG Bank report.“If financial market conditions continue to worsen, there is every chance the ECB could revert back to a 50 bps hike.” downside momentum will likely return quickly.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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