ECB Minutes: New Rate Hike on Agenda if Inflation Does Not Fall
📊 EURUSD — Piyasa Yorumu
▲ up · 55%ECB minutes indicate the possibility of another rate hike if inflation does not decline. This could support the euro by increasing expectations of tighter monetary policy in the euro area. Technically, the price is slightly below the SMA20 and SMA50, but the RSI is in neutral territory and the MACD is close to its signal line, providing no clear directional signal. In the short term, news flow and rate expectations could trigger an upward move in EURUSD, but the impact may be limited as current indicators do not show strong momentum.
📊 EURTRY — Piyasa Yorumu
▲ up · 60%News that the European Central Bank (ECB) may raise interest rates could broadly support the euro and create upward pressure on the EURTRY parity. Technical indicators also support this view, with the RSI at 55.8 giving a mild buy signal in neutral territory, while the MACD line is above the signal line, indicating positive momentum. The price is trading above the SMA20 and SMA50, suggesting a short-term uptrend. However, potential central bank interventions on the Turkish lira side or local dynamics could limit this effect, so caution is advised. Overall, a slight upward movement can be expected in the short term.