Euro Surges After ECB’s Trichet Signals July Rate Hike
Posted on June 05, 2008 at 11:18 AM EDT
The European Central Bank shook up the financial markets today as ECB chief Trichet has spoken what Euro bulls have been desperately wanting to hear - that the ECB is very likely to hike interest rates at its next meeting. Today, the ECB has left its key overnight lending rate at a six-year high of [...]