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.

© 1999-2024 Forex EuroClub
All rights reserved