ECB Could Temporarily Calm Recent Euro Weakness -- Market Talk
Dow Jones03-19 16:18
0818 GMT - The euro trades steady against the dollar ahead of the European Central Bank's policy decision where rates are expected to stay on hold. If ECB President Christine Lagarde is "particularly hawkish," hinting at possible rate increases if higher energy-price feed through into inflation, this could temporarily calm the euro's recent decline, says Danske Bank's Filip Andersson says in a note. However, Danske still favors selling the euro versus the dollar and holds a tactical short position, targeting a fall to $1.12, the co-head of fixed income and FX research says. The euro last trades at $1.1448. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 04:18 ET (08:18 GMT)
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