According to Reuters sources:
ECB to discuss a more negative scenario next week then previously envisioned in June after latest Trump tariff threat Still seen holding rates at July 24 meeting on eight threat alone.Any ECB rate cut discussion remains pushed back to September.
The EURUSD has moved lower on the headline and dips back below the 1.3663 – 1.3691 swing area from the daily and hourly charts..
This article was written by Greg Michalowski at www.forexlive.com.