ECB's Isabel Schnabel in an article in Handelsblatt says:
- An interest rate hike is possible in July
- We have to stop high inflation getting anchored in expectations
- ECB asset buying should end before interest rate hike, probably by end of June
The EURUSD is marginally higher in back above the 100 hour moving average at 1.05258. The current price is trading at 1.0532.
