# Traders temper euro zone rate hike bets as ECB grapples with Iran war impact | MarketScreener

> Traders on April 30 slightly reduced bets on three ECB rate hikes this year after policymakers weighed inflation against growth damage from higher energy prices. Two sources told Reuters the ECB is likely to raise rates at least twice, starting in June. Money markets priced an 88% chance of a June quarter-point hike.

- Date: 2026-04-30 · published 2026-04-30T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/19944-traders-temper-euro-zone-rate-hike-bets-as-ecb-grapples-with-iran-war-impact
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of tighter euro-zone policy support the euro and can cut into demand for credit-financed livestock and feed investment. The pricing change is a routine rate-expectation shift with limited direct effect on feed prices.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-09-11 | [Traders raise bets that the ECB is done cutting rates \| Reuters](https://feedsoft.ai/events/23093-traders-raise-bets-that-the-ecb-is-done-cutting-rates-reuters.md) | +1.1% | -0.9% |
| EURUSD | 2025-10-30 | [Euro zone markets steady as ECB offers no clues on outlook \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/22623-euro-zone-markets-steady-as-ecb-offers-no-clues-on-outlook-1330-and-101-5-whbl.md) | -1.5% | -0.5% |
| EURUSD | 2026-03-01 | [ECB Will Assess Impact of Euro Strength in March, Cipollone Says](https://feedsoft.ai/events/20809-ecb-will-assess-impact-of-euro-strength-in-march-cipollone-says.md) | -1.8% | -2.6% |
| EURUSD | 2021-04-22 | [Euro and U.S. dollar waffle as markets weigh ECB policy talk](https://feedsoft.ai/events/47818-euro-and-u-s-dollar-waffle-as-markets-weigh-ecb-policy-talk.md) | +0.5% | +1.5% |
| EURUSD | 2024-09-12 | [ECB dents traders' hopes for October rate cut](https://feedsoft.ai/events/28527-ecb-dents-traders-hopes-for-october-rate-cut.md) | +0.9% | -0.6% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/traders-temper-euro-zone-rate-hike-bets-as-ecb-grapples-with-iran-war-impact-ce7f58d8d88ef42d

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.