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Oct 26 - 05:55 AM

EUR/USD - Expectations For October ECB Meeting And EUR/USD

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

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