[ING: Even if the ECB hints at a rate hike, the euro may still fall] Jin10 News, July 23 – ING analyst Francesco Pesole stated in a report that the European Central Bank might hint at a potential rate hike in September through media leaks following Thursday's meeting, but this is unlikely to prevent the euro from declining in the coming days. He noted that as the forex market seems to be 'dangerously complacent' about the escalating Middle East conflict, ING's short-term bias for the euro remains 'tilted to the downside.' 'Unless there is more positive news, we expect the euro to drop to around $1.1380 in the coming days.'