Stock Ticker

Nagel: ECB should neither plan nor rule out further cuts

The market is pricing in virtually no chance of a cut on July 24 but that rises to 42% for the September 11 meeting. and a cut is fully priced in by next March before the curve begins to turn in the other direction.

This article was written by Adam Button at www.forexlive.com.

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The USD is lower as markets react to the peace hopes.