The ECB sources reports are starting to cross and this one is hawkish:
- Discussion over possible rate hikes may need to start in April, unless there is a quick resolution in the Middle East conflict
- April likely too early for a hike, June more likely
- Governors consider baseline projections already outdated
EUR/USD challenged the highs of the day on this report.
This article was written by Adam Button at investinglive.com.
