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Watch: Why a rate-cutting ECB won’t be too worried about the euro
ING’s Francesco Pesole on ECB rate cuts, Fed divergence and what it all means for the euro
Why a rate-cutting ECB won’t be too worried about the euro
Markets expect the European Central Bank to start cutting interest rates next month. So, what does that mean for the value of the euro, given that we expect the Federal Reserve to only start cutting American rates in September? ING's Francesco Pesole says that divergence is key for markets right now. But soon, they'll have something else to worry about.
Get in-depth analysis of the the FX markets in our latest FX Talking, Under Starter's Orders, here
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more