07:57
Dutch International: If the ECB is concerned about the strengthening of the euro, the Exchange Rate may fall.
Jin10 data reported on July 24, analysts from ING, Chris Turner, stated in a report that if the European Central Bank expresses concerns about the recent appreciation of the euro during Thursday's meeting, the euro may weaken. He mentioned in the report that some European Central Bank members have publicly voiced their concerns about the rise of the euro, and exchange rate comments may be involved on Thursday. "After all, the European Central Bank has been focused on the issue of inflation not meeting targets, and a stronger currency does exacerbate this situation," Turner said. Considering Trump's sensitivity to exchange rate manipulation, it remains unclear whether the bank believes that exchange rate comments could affect US-EU trade relations.
TRUMP-9.08%