Breaking: ECB hikes key rates by 75 basis points as expected

The European Central Bank (ECB) announced on Thursday that it raised its key rates by 75 basis points (bps) following the September policy meeting as expected. 

Developing story...

Follow our live coverage of the market reaction to the ECB's policy announcements.

 

GBP/USD: Failure to hold 1.1410 can extend the dip towards 1.1270 – SocGen

Cable recovers from 1.1410 low. A break below here would clear the way for a substantial drop towards 1.1270, economists at Société Générale report. B
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European Monetary Union ECB rate on deposit facility in line with forecasts (0.75%)

European Monetary Union ECB rate on deposit facility in line with forecasts (0.75%)
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