Technical: EUR/USD: Rally potential after hot Spanish and French CPI readings

Inflation reports from France and Spain were released on Tuesday and came in higher than expected, causing investors to boost their bets on the peak of ECB interest rates to 4%, a level they had never reached before. The ECB had already planned a half-point rate move in March, and these stronger readings are likely to bolster officials who say that more big ...     Alert Feb 28, 2023, 10:25pm Technical: EUR/USD: Rally potential after hot Spanish and French CPI readings Inflation reports from France and Spain were released on Tuesday and came in higher than expected, causing investors to boost their bets on the peak of ECB interest rates to 4%, a level they had never reached before. The ECB had already planned a half-point rate move in March, and these stronger readings are likely to bolster officials who say that more big ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support