ECB September: Hike case slightly outweighs hold, analysts say
Markets see even odds of a 25bp hike versus a hold at the September ECB meeting. Analysts argue the case for another rate increase slightly outweighs the case for unchanged policy.
EURUSD
The European Central Bank's September meeting is seen as a close call by markets, with probabilities for a 25-basis-point hike and a hold roughly balanced. However, analysts weigh the arguments and conclude the case for a second consecutive rate increase modestly edges out the case for holding steady. The decision remains finely balanced, with further guidance expected from upcoming economic data.
Source: FXStreet Forex News