empty
 
 
Back Fundamental analysis
analytics6a2ab3546c644.jpg
Back Fundamental analysis
The Euro Did Not Get Help from the ECB
"Buy the rumor, sell the fact."
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
"Buy the rumor, sell the fact." The move to raise the deposit rate from 2% to 2.25% at the June ECB meeting was already priced into EUR/USD quotes. The European Central Bank's failure to signal a continuation of the monetary tightening cycle allowed traders to lock in profits, leading to a decline in the main currency pair.The ECB's rate hike was not only the first since 2023; it was also the first time it had responded to the oil crisis
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Igor Kovalyov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback