What to expect from the ECB today
We see a high bar for the ECB to attempt to forcefully talk down the euro. It is not time yet, while tools to credibly do so seem limited. As it is also…
Next week's ECB meeting could open the door to additional easing before the end of the year
With no policy action expected from the ECB today, all focus will be on their forecasts. We expect a near-term drop in EUR rates, to be later reversed as…
Expect a modest upside risk to EUR/USD, with the pair moving to or above the 1.1850 level today. However, given the leaked reports about the staff…
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