The ECB lower charges on Thursday:
- Forexlive Americas FX information wrap: ECB cuts charges, US retail gross sales beat estimates
Given the state of the EU economic system analysts are piling in projecting additional fee cuts:
- RBC count on a cascade of European Central Financial institution fee cuts for the following six months+
- Forexlive Americas FX information wrap: ECB cuts charges, US retail gross sales beat estimates
- TD on the European Central Financial institution – no main shock. Now pessimistic on euro.
- Deutsche Financial institution count on quicker fee cuts from the European Central Financial institution to come back
- The ECB is behind the curve and oblivious to it
UBS too:
- see a December fee lower
- mission the deposit fee to hit 2.0% in 2025
- see help for the euro within the months forward, cyclical elements for FX extra broadly together with EUR
This text was written by Eamonn Sheridan at www.forexlive.com.
