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ECB’s Lagarde: The conditions for a recovery remain in place

  • February 10, 2025
  • -FCHFX

February 10, 2025 at 04:33PM
ECBs Lagarde is on the wires saying:

The conditions for recovery remain in place

Inflation is a set to return to our 2% medium-term target in the course of this year, with risks on both the upside and the downside

The ECB is not pre-committed to a particular rate path .

Frequency of shocks likely to remain high in the future

The EURUSD is trading within a 22-pip range in the morning US session. The high reached 1.0325 in the first hour of trading in the US. the low reached to 1.0303. The current price is trading at 1.0308.

Upside resistance is between 1.03 30 and 1.0343.

This article was written by Greg Michalowski at www.forexlive.com.

ECB’s Lagarde: The conditions for a recovery remain in place
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