23 May 2001, 11:13 The euro-dollar was in a holding pattern at the close Tuesday
The euro-dollar was in a holding pattern at the close Tuesday,
with market participants unwilling to push the pair dramatically lower
ahead of Wednesday's ECB meeting. Of 125 traders surveyed, 82% expect no
policy change, 16% see a 25 basis point rate cut and 2% see a 50 basis
point rate reduction.
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