European Central Bank hikes Main Refinancing Rate

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Source: Dukascopy Bank SA


The European Central Bank has just increased its Main Refinancing Rate from 2.50% up to 3.00%. In addition, the central bank has published its Monetary Policy Statement.

Note that the management of the ECB is set to host a Press Conference at 13:45 GMT. The journalist question and answer section usually create major Euro volatility.
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