• ECB seen raising key rate to 2.50%

• Expected to signal readiness to tighten further

• Oil's rise in lead up to meeting heightens risk hawkish outlook

• Futures imply a further 25bps hike very likely this year (Oct/Dec)

• EUR/USD which reached 1.1654 Weds trades 1.1630-41 on Thursday

• EUR/USD is yet to close above the 200-DMA at 1.1634

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(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)