ECB sources: a 'visible majority' in ECB meeting expressed preference for holding in July

• Some argued for a pause past July

That is the second sources line with comparable reporting, although that is extra granular. The market is pricing in a 20% chacne of July minimize, so that is no shock. The baseline for the ECB is now ‘one and accomplished’ with a minimize priced for Oct or Dec.

This text was written by Adam Button at www.forexlive.com.



Source link