According to SocGen, in order to encourage buyers to re-purchase long positions, the ECB will need to have a more aggressive monetary policy stance than the Federal Reserve. This statement refers to the EURUSD pair trading at a rate of 1.08271.

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EURUSD Chart by TradingView

Economists at Société Générale discuss EUR/USD outlook ahead of the European Central Bank (ECB) Monetary Policy Decision.

See – ECB Banks Preview: 25 bps, more remains in store

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