ECB's Vujčić: The largest part of the rate-hiking cycle is behind us

Market news

5 April 2023

ECB's Vujčić: The largest part of the rate-hiking cycle is behind us

European Central Bank (ECB) policymaker Boris Vujčić said on Wednesday, “the largest part of the rate-hiking cycle is behind us.”

He added that “to address core inflation, we might need to raise rates further.”

Market reaction

EUR/USD was last seen trading at 1.0950, modestly flat on the day.

Currencies. Daily history for Wednesday, April 5, 2023

Commodities. Daily history for Tuesday, April 4, 2023

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.