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ECB hikes 75bps as expected; Scraps forward guidance
The tone set by the removal of forward guidance and the lack of information regarding QT led the markets to believe this was a dovish hike.
ECB hikes 75bps as expected; Scraps forward guidance
The tone set by the removal of forward guidance and the lack of information regarding QT led the markets to believe this was a dovish hike.
German Bund yields moving higher, bringing EUR/JPY with them
EUR/JPY may have caught on late, but it is moving higher with Bund yields in parabolic fashion.
German Bund yields reach 1.0%; EUR/JPY moves higher with them
Bund yields are highly correlated with EUR/JPY on the weekly timeframe.
German Bund Yields almost at 0.00%
German Bund yields have been on a tear lately and are on their way towards a place they haven’t been in since May 2019
ECB Preview: Christine Lagarde will have to kick the can down the tightrope
The goal of this meeting will likely be to bide time