EUR/GBP strengthens above 0.8300 despite rising bets of aggressive ECB rate cuts

The EUR/GBP cross strengthens to near 0.8320 during the early European trading hours on Monday.
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ECB’s Lane: Monetary policy should not remain restrictive for too long

Speaking to Les Echos on Monday, European Central Bank (ECB) Chief Economist Philip Lane said that “monetary policy should not remain restrictive for too long.” Additional quotes The job is not done yet on inflation, services prices still need to come down.
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