The EURo Is Banking on the ECB

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Expectations of ECB monetary tightening are driving the EURUSD rally. The US dollar’s lacklustre performance is linked to the risk of a sharp fall in Treasury yields. The US dollar shrugged off the favourable backdrop of rising oil prices, increasing Treasury yields, and falling stock indices. Investors anticipate that the Treasury will widen and deepen […]The post The EURo Is Banking on the ECB appeared first on ActionForex.