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ECB's Makhlouf: Don't think ECB has a tightening bias
European Central Bank (ECB) policymaker and Governor of the Central Bank of Ireland Gabriel Makhlouf stated during European trading hours on Friday that the central bank doesn’t have a pre-determined rate path and the decision would be made meeting by meeting.
Fxstreet
Fri, Mar 20
GBP/USD: BoE hawkish tilt underpins Pound – ING
ING’s Francesco Pesole notes that the Bank of England surprised markets with a unanimous hold and strong guidance that it is ready to act against any inflation spike. Markets added substantial tightening by year-end, though ING views this as too aggressive.
Fxstreet
Fri, Mar 20
Australian Dollar weakens as Australian Unemployment Rate rises, PBOC holds rates steady
The AUD/USD pair trades in negative territory near 0.7080 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD after Australia’s unemployment rate increased in February.
Fxstreet
Fri, Mar 20
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