EUR/USD Soars as Lagarde Talks Up Hikes, Says ECB Will Exit Negative Rates in Q3
May 23, 2022 at 14:41 PM EDT
EUR/USD soared at the start of the week, rising about 1.1% to 1.0670, supported by improved market sentiment, broad-based U.S. dollar weakness, but more importantly, hawkish comments from the European Central Bank’s President Christine Lagarde.
