Eurozone money markets see a 70% chance of a 10 bps ECB rate hike by end-2018

Dhwani Mehta FXStreet

According to the ECB Watch, the Eurozone money markets are pricing in a 70% chance of a 10 bps ECB rate hike by the year-end when compared to around 50% chance seen at the start of this week, Livesquawk reports.

EUR/USD eased-off 3-year tops of 1.2137 but trades firmer near 1.2115 amid German coalition talks breakthrough.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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