The futures market is mistaken in expecting 2–3 ECB rate hikes in 2026. Accelerating US inflation will prompt the Fed to adopt a more hawkish stance. The US dollar took two steps forward and one back following another batch of hawkish macroeconomic data and new record highs for US indices. NVIDIA’s market capitalisation rising to […]The post The ECB and BoE Unlikely to Rush With Rate Hikes appeared first on ActionForex.