The ECB presented a strong hawkish front;
- hiking rates by 50bps and commenting during the press conference that
- MORE hikes were coming,
- 50bps for a period of time, not pivoting,
- committed for the long term to bring inflation down to 2%
This saw the EURUSD climb strongly from 1.0620 up to 1.0735
HOWEVER , right after the press conference ended,...