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The ECB is not expected to hike the benchmark before the Summer of 2019. With further interest rate increases from the FOMC the dollar should be supported against the euro. It may push the USD toward new multi-month highs.
Marcin Lipka, Cinkciarz senior analyst
See also:
Limited probability of further PLN gains (Afternoon audio analysis 22.08.2018)
Is Fed's independence threatened? (Afternoon audio analysis 21.08.2018)
Weekly summary (Afternoon audio analysis 17.08.2018)
New lows on the EUR/CHF (Afternoon audio analysis 14.08.2018)
Attractive exchange rates of 28 currencies
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