ECB's de Guindos: July rate hike is set

<ul><li>There is more ground to be covered on rates</li></ul><p>That's as firm a commitment as you are going to get on next month's move. While the inflation data this week won't have any bearings on that, just be mindful that it could sway the decision for September – especially with the recent softness in economic data.</p>

This article was written by Justin Low at www.forexlive.com.