Dutch International: If the European Central Bank abandons raising interest rates, the euro may fall.

Chris Turner of the Dutch International Group stated in a report that if the European Central Bank does not raise interest rates on April 30, the Euro may fall even if energy prices remain high due to the Iran war. Data from the London Stock Exchange Group shows that market expectations for a rate hike in April have decreased, with the likelihood now at 43%, but market prices have already reflected expectations of a 72 basis point hike by the end of the year. Turner said that any further resistance from ECB policymakers to a rate hike in April would be detrimental to the Euro. In this "extremely uncertain environment," the Euro against the US dollar may remain weak. The Euro is holding steady at 1.1540 US dollars.