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Deutsche now sees the ECB delivering 75 bps worth of rate cuts for this year

It’s a better late than never change of heart from Deutsche I guess. The 75 bps total fits well with what traders have priced in for the ECB currently. As things stand, money markets are expecting 80 bps worth of rate cuts by the central bank.

This article was written by Justin Low at www.forexlive.com.

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