As a reminder, it was additionally “possible” that the ECB would’ve paused in October. And have a look at how issues performed out as a substitute.
It is all concerning the knowledge at this stage and we’ll get a primary check of the ECB’s resolve from the PMI figures later at the moment. The ECB will solely be assembly subsequent on 12 December. So, there’s nonetheless loads of time for the information to as soon as once more persuade them to behave at a faster tempo.
This text was written by Justin Low at www.forexlive.com.
