Dollar Resurges after Strong GDP Data, Euro Weakens Post ECB Rate Hike
<p>Euro turns weaker after ECB’s expected rate hike. Downside momentum is also picking up when ECB President Christine Lagarde indicated that even minor alterations in the statement’s phrasing were intentional. ECB has shifted its wording from interest rates “will be brought to” to will be “set” at a sufficiently restrictive level, providing a basis to […]</p>
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