The ECB intends to raise the key ECB interest rates by 25 basis points in July.
This caused the EURUSD pairs to drop to one-week lows, losing over 100 pips in the process.
In addition, the USDJPY soared to a two-decade high as US yields charged higher.
Will we now see a reassessment of the Fed’s monetary policy outlook in the short-term?
Timestamps
EURUSD 01:55
USDJPY 03:10
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