Eurozone Inflation Surprises Support Euro, ECB’s Holzmann Urges Patience on Policy
Euro rises broadly today even though gains are so far limited. The common currency is lifted by stronger than anticipated Eurozone inflation figures, which suggests that the path to disinflation may be encountering obstacles. This development could providing ammunition to hawks within the ECB Governing Council, to advocate for a cautious approach towards rate cuts. […] The post Eurozone Inflation Surprises Support Euro, ECB’s Holzmann Urges Patience on Policy appeared first on Action Forex.
Euro rises broadly today even though gains are so far limited. The common currency is lifted by stronger than anticipated Eurozone inflation figures, which suggests that the path to disinflation may be encountering obstacles. This development could providing ammunition to hawks within the ECB Governing Council, to advocate for a cautious approach towards rate cuts. […]
The post Eurozone Inflation Surprises Support Euro, ECB’s Holzmann Urges Patience on Policy appeared first on Action Forex.
