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EUR/USD Whipsaws after Anticipated ECB Hike and Robust US GDP Information


EUR/USD Whipsaws after Expected ECB Hike and Strong US GDP Data

Muted value motion after yesterday’s FOMC assembly now sees a sizeable turnaround in EUR/USD after scorching US GDP information and no surprises from the ECB as they hike 25-bps and trace that they’ve reached ‘sufficiently restrictive ranges’ within the rate of interest.

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