Euro: Limited upside against US Dollar on fully priced ECB – ING

ING’s Chris Turner argues that with a 25bp ECB hike and further tightening already priced, the Euro faces a high bar for gains. Markets discount about 75bp of tightening through early next year.

Euro: Limited upside against US Dollar on fully priced ECB – ING
ING’s Chris Turner argues that with a 25bp ECB hike and further tightening already priced, the Euro faces a high bar for gains. Markets discount about 75bp of tightening through early next year.

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