EUR/USD: Maintaining a clear sell-on-rallies bias – Danske Bank – by MSalordFX EURUSD ECB Banks
“Markets took the ECB’s communication as a sign that the ECB is close to ending its hiking cycle, as bond yields rallied strongly. We judge that today’s communication reflects a very split governing council. We still expect the“In recent weeks, EUR/USD has defied the shift and sudden underperformance of Eurozone equities, which we otherwise deem to have been an important driver behind the EUR/USD rally since September .
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