Not so fast, my friends. So says the head of the Slovenian central bank, Mr. Kranjec.
But in the next breath, he says Trichet has clearly indicated the thinking of the council…
The market still has a 25 bp hike fully priced in for next month with 14% odds of a 50 bp hike priced in…
EUR/USD trades firmly. finding support on dips to the 1.4145/50 level. Offers are rumored toward 1.4200.
