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Euro (EUR) Latest: Hawkish ECB Talk Boosts the Euro, EUR/USD Parity Being Tested

November 8, 2022

Via: DailyFX

A number of ECB policymakers have been doubling down on the central bank’s position on interest rates and inflation, saying that higher rates are needed for longer to quell double-digit price pressures. In what looks like a concerted effort to re-assert the central bank’s authority and will on the rates market, the financial wires are full of hawkish ECB speak.

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