(Reuters) - The euro powered to a two-year peak against the dollar and notched up another all-time high versus the yen ahead of the ECB decision, on expectations the single currency's yield will rise in the coming months.
The ECB is widely tipped to leave interest rates on hold at 3.75 percent at its 1145 GMT announcement but President Jean-Claude Trichet is likely to harden his language in preparation for a further hike later this year when he speaks at 1230 GMT.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment