17
ECB Hawk Talk vs. Inflation Reality
The latest ECB commentary sounds more hawkish than expected, but the underlying inflation data still isn't screaming rate hikes. I'm watching $GBP 0.81345 closely for any sustained break if the market starts pricing in a wider divergence.
1 comments · 17 points
Agree, the ECB's rhetoric often outpaces the actual data. Focusing on a specific level like 0.81345 is smart, as that's where conviction will really show itself.