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Outlook on EUR/USD, EUR/GBP and DAX after ECB rate decision

The European Central Bank (ECB) raised rates as expected by a quarter point as it continues to fight inflation.  Jeremy Naylor | Analyst, London | Publication date: Thursday 04 May 2023  The benchmark ECB rate is now at 3.75%, at levels not seen since November 2008. Inflation remains the big issue and, according to the IMF, may be an issue until the levels return to normal in 2025. The rise in rates has hit gro


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