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via fxstreet.comEconomy

Lagarde says another December hike remains likely; EUR/USD rebounds from lows

FROM THE WIRE · FXSTREET.COM

European Central Bank (ECB) President Lagarde said another hike in December remains likely, and EUR/USD has climbed from below its October 14 low to above Wednesday's high.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishExpectations of further ECB hikes support the euro and affect European rates and the EUR/USD exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ECB President Lagarde said another hike in December remains likely.
  2. 02EUR/USD has climbed from below its October 14 low to above Wednesday's high.
  3. 03The headline notes the euro is rebounding from a new low, with euro area GDP next in focus.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair—Stale quotePositive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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