EURUSD Technical Analysis: Failed Breakout at 1.1788 Warns of Buyer Fatigue
ECB rate decision ahead as policy divergence narrows between the ECB and Fed
The ECB rate decision later this week is widely expected to result in no change in policy, with markets viewing the central bank as already near the lower end of its easing cycle. Recent comments from ECB President Christine Lagarde, as highlighted on InvestingLive, have reinforced a data-dependent stance, with policymakers emphasizing the need to assess incoming inflation, wage, and growth data before committing to further moves. Lagarde has avoided pre-committing to a clear path, stressing that decisions will be taken meeting by meeting, even as inflation pressures continue to ease gradually.
From a broader perspective, the policy divergence narrative has begun…
