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DHF Capital: ECB leaves rates unchanged or boosts euro

DHF Capital: ECB leaves rates unchanged or boosts euro

2024/01/22 16:47

The euro is likely to be largely steady ahead of the ECB's meeting on Thursday, but keeping interest rates unchanged could give it some lift amid the recent flurry of talk about future rate cuts, Bas Kooijman, CEO and asset manager at DHF Capital, said in a report. He expects the ECB to leave interest rates unchanged, which will help support the euro to some extent.Money markets expect the ECB to cut rates for the first time in April, Refinitiv data showed.

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