EUR/USD: Bulls Accelerate Ahead of Expected ECB Rate Hike

<p>EURUSD accelerated higher on Thursday, gaining 0.6% in late Asian / European trading, lifted by expectations for 0.25% rate hike today and signals of possible another hike in September. The ECB continues to face threats from high inflation, which eased significantly but is still 2.5 times above 2% target, while underlying inflation stands near record [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/511808-eur-usd-bulls-accelerate-ahead-of-expected-ecb-rate-hike/">EUR/USD: Bulls Accelerate Ahead of Expected ECB Rate Hike</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>