Dear clients,
Today, March 16, the meeting of the European Central Bank will take place, an event that attracts a lot of attention due to the difficult economic situation in Europe.
What to expect and what to focus on, tells our lead analyst:
High inflation forces the ECB to aggressively raise interest rates. The regulator may raise the rate by 0.5% today and signal a similar move at the meeting on May 4, which is favorable for the growth of the euro. On Thursday, consider buying EURJPY, EURTRY, EURGBP.
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