The European Central Bank is tonight on high alert for a "precautionary rate hike."

BlockBeats News, June 11th, the European Central Bank will announce its interest rate decision tonight at 20:15, and Lagarde will hold a press conference at 20:45. The market generally expects the ECB to engage in a preemptive rate hike, with the three key rates each being raised by 25 basis points. (FXStreet)

Source: BlockBeats

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