By Jeremy Boulton — Oct 26 - 03:40 AM
Rate hikes are likely over, debate whether to signal no further hikes
To discuss accelerated quantitative tightening nL1N3BW0HY
Markets betting on a cut in June and two priced in By October
There is a growing probability of a third cut before the end of 2024
Weaker euro raises the stakes for the ECB - easing policy - nL1N3BW0O7
EUR/USD has flipped from overbought situation toward an oversold one
EUR/USD above 20-day Bollingers now toward base at 1.0505 - risk of a bounce
Thursday's range 1.0533-69 EBS - Tue's high 1.0695
Source:
Refinitiv IFR Research/Market Commentary