Isabel Schnabel, a member of the European Central Bank's Executive Board, indicated in a recent Faz Podcast that interest rates are likely to remain stable in the near term. This stance reassures markets that the ECB may not pursue further rate hikes, impacting the EUR/USD exchange rate, which has been hovering around critical technical levels.
The stability in interest rates could influence trading behavior as investors reassess their positions in the euro against major currencies. As the market digests Schnabel’s comments, traders will be closely monitoring any shifts in sentiment that could affect the euro's performance against the dollar, particularly as economic data continues to emerge.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 17:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.