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KayansMarkets

EURO Strength on ECB Rate Hike Bets

Long
Euro / Norwegian Krone (OANDA:EURNOK)  
KayansMarkets  
OANDA:EURNOK   Euro / Norwegian Krone
Technical Indicators Fundamental Analysis Beyond Technical Analysis euro eurodollar EURUSD EURCAD EURNOK EURJPY eurfundamentals euroinflation
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indicator fundamental beyondta euro eurodollar eurusd eurcad eurnok eurjpy eurfundamentals euroinflation
The EURO is set to potentially strengthen as investors start pricing in four interest rate hikes by the European Central Bank over the next 9 months.

Friday's Inflation data will be closely watched by the markets, as any beat above forecasts will put pressure on the European central bank to react.

If ECB policy makers start coming out and hinting Rate Hikes are coming, expect the EURO to strengthen.

EUR/JPY would be the most optimal trade on the divergence of monetary policy.
Kayan Kalipha
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