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EUR/USD bursts higher as analysts expect the ECB to boost its PEPP stimulus

By: Invezz

EUR/USD is on its way to close higher for a sixth consecutive day in a rally that has so far yielded around 300 pips. All eyes will be now set on the European Central Bank’s (ECB) meeting on Thursday. Fundamental analysis: ECB in focus Multiple financial institutions have issued their analysis and preview of the ECB meeting that is scheduled to take place on Thursday. A Dutch multinational banking giant ING said it expects the ECB to boost its Pandemic Emergency Purchase Programme (PEPP) stimulus later this week. “Combined, they imply a slower pace of purchases than what has been

The post EUR/USD bursts higher as analysts expect the ECB to boost its PEPP stimulus appeared first on Invezz.

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