ECB Pres. Trichet's Comments Sink Euro, As ECB Hints At 'One-and-Done' Move

 03.07.2008 22:14   actionforex.com

The surprise to the markets came in ECB President Trichet's comments following the announcement. He signaled that the bank may have taken a one-and-done approach, and are not likely to start a series of increases. Those traders expecting a more hawkish stance on inflation were disappointed and the Euro-Dollar pair...

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