According to Reuters sources:
- ECB to discuss a more negative scenario next week then previously envisioned in June after latest Trump tariff threat
- Still seen holding rates at July 24 meeting on eight threat alone.
- Any ECB rate cut discussion remains pushed back to September.
The EURUSD has moved lower on the headline and dips back below the 1.3663 – 1.3691 swing area from the daily and hourly charts..
This article was written by Greg Michalowski at www.forexlive.com.
