<p style=““ class=“text-align-justify“>At the start of today, the odds of a 50 bps rate hike were only at 10%. But now with the market calm that has been permeating through the session, we are seeing traders digest the higher likelihood of a move much better. As mentioned earlier <a target=“_blank“ href=“https://www.forexlive.com/news/is-the-ecb-put-in-a-no-win-situation-20230316/“ target=“_blank“ rel=“follow“>here</a>, this should be the play by the ECB and I’ll elaborate more in a preview to come in a bit.</p>

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