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Home›Forex›Central Banks›ECB rate expectations support EURUSD growth

ECB rate expectations support EURUSD growth

Action Forex says the US dollar did not fully benefit as Brent rose to two-week highs.

Reported · Written up by our desk · Central Banks

Action Forex reports that investors are again focusing on the prospect of an ECB rate increase, with that expectation cited as a driver behind EURUSD growth.

The outlet also links the US dollar’s muted reaction to rising Brent crude to perceived Fed concerns that high prices may become entrenched in the US economy, alongside investor views around a Trump announcement related to terminating an unspecified item.

Sources

Action ForexThe Euro: Interest Rates Won’t Do the Trick Alone

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