The expectation of the European Central Bank raising interest rates has heated up, and the euro has risen against the US dollar

According to Sina Finance, the market expects the European Central Bank to raise interest rates by 0.25 percentage points, and the euro rose by 0.001 to 1.1544 US dollars against the US dollar. According to data from the London Stock Exchange Group, the market expects the European Central Bank to raise interest rates by 0.25 percentage points and raise rates twice more next year. Michael Pfister from Deutsche Bank stated that the European Central Bank is unlikely to send a signal of interest rate hikes that exceeds expectations, and the risk of the euro is leaning towards a downward trend today.