How are you reading the euro-area story right now?

The euro area grew 0.6% in Q2 (report) and the ECB raised rates to 2.50% (report). Growth and policy are moving together for once.

How are you reading the euro-area story right now? — central bank rate path diagram
A central bank's policy rate path across recent meetings

What's your synthesis?

  • how the growth pick-up shapes the ECB's path
  • the euro pairs that express your view
  • the data that would change it
How are you reading the euro-area story right now? — risk-reward diagram
A risk-reward ratio of 1 to 2

Background: how interest rates move currencies.

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