💡EURUSD: ECB October meeting poses downside risks for EUR
Some EUR News
💡The ECB will hold a policy meeting next week, and market participants will closely monitor changes in economic direction and sentiment that could impact foreign exchange markets.
💡The ECB could start talks on changes to the Pandemic Emergency Purchase Program (PEPP). Any significant changes or signs of monetary tightening could impact financial markets and impact the euro and other asset classes.
💡The ECB will hold a policy meeting next week, and market participants will closely monitor changes in economic direction and sentiment that could impact foreign exchange markets.
💡The ECB could start talks on changes to the Pandemic Emergency Purchase Program (PEPP). Any significant changes or signs of monetary tightening could impact financial markets and impact the euro and other asset classes.
Comment:
💡 Increasing uncertainty regarding Italy's fiscal management, particularly the potential volatility of BTP (Italian government bonds), could be another point of contention. The ECB's expression of concern on this issue could destabilize markets and jeopardize the euro's recent recovery.
Comment:
💡 The ECB will meet on Thursday and a Reuters poll shows that despite the completion of the rate hike, the ECB will not start easing until at least July 2024. Before that, the ECB raised interest rates basis by 25 basis points in September.
