Read more
2:56 PM · 23 January 2023

Hawkish comments from the ECB do not support EURUSD

Today, three members of the ECB presented their views regarding the bank's future policy. Kazimir pointed out that further hikes are needed, suggesting that at least two 50 bp hikes are ahead of us at the next two meetings. Kazimir also pointed out that the economy is in a better condition than two months ago and there are no reasons to slow down rate hikes.

Stournaras, in turn, pointed out that hikes should be more gradual and further hikes are needed.

Vujcic, in turn, said that nothing has changed with regard to December's guidelines regarding 50 basis points hike, while in his opinion the risk of recession in the euro zone has significantly decreased due to lower gas prices.

The head of the EC, Dombrovskis expects the ECB to continue raising interest rates.

Euro is quite strong on Monday, but not against the dollar. Yields are rising in Europe, but at a slower rate compared to yields in the United States, which is benefiting the greenback. EURUSD returned to the recent consolidation zone. Source: xStation5
13 April 2026, 8:06 AM

The End of the Orban Era: Hungary Chooses Europe. What Does the Shift Mean for the Forint and the Region?

13 April 2026, 6:33 AM

Morning Wrap: The Blockade of the Strait of Hormuz and the Political Revolution in Hungary⚖️

10 April 2026, 5:38 PM

Three Markets to Watch in the Week Ahead (10.04.2026)

10 April 2026, 1:33 PM

BREAKING: US CPI higher, but below expectations! 🚨

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits