Disliked{quote} So far the Monetary Policy Statement indicated that a 25bps hike will come in July meeting instead of 50bps. If Lagarde says 0.25 bps rate hike is more probable than a 50 bps hike in September, during the Press Conference, Euro will go down sharply. I think she will indicate another 25 bps in September. Staying short.Ignored
I think so, 0.25 in July (unexpected) and 0.25 in Sept.
The issue is inflation higher then thought.
Flag still in place, break out been kind off tested, will see lower support will be tested again.
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