This Week: EURUSD to be dragged below parity amid ECB hike, gas pipeline shutoff risks?
Rising price pressures and the response by central banks to bring them back under control continue to remain key for markets and price action. Against such a backdrop, the European Central Bank’s first rate hike in over a decade is set to dominate the market’s collective attention amid these economic data releases and events, as well as 2Q US earnings releases.