ECB's Holzmann calls for 50 BPS hikes at the next 4 meetings. In addition he would like the PEPP program to be included in the balance sheet reduction, whose maturing instruments are reinvested for the time being. In his opinion, PEPP should be "pulled" into QT in autumn. These comments are very hawkish, however Holzmann belongs to the extreme group of "ultrahawks" at the ECB.

EURUSD tried to rebound slightly after Holzmann's comments. Source: xStation5
Three Markets To Watch (20.04.2026)
Dollar Plummets After Opening of the Strait of Hormuz 💲📉 The Start of a Sharp Correction❓
Chart of the Day: Is the Yen Approaching a Breaking Point?
Morning Wrap: Trump Announces Ceasefire Between Israel and Lebanon