Reuters sources story popping up
- Next meeting likely to reaffirm policy and raise forecasts but unlikely to include any major decisions
EURUSD took a tumble to 1.1735 from 1.1750. Hardly unexpected news as they’ve not even put the decisions from the last meeting into effect yet. The eCB likes forward guidance but not that far forward.
On the forecasts, one source said;
“We’ll get new forecasts (in Dec) and they may be a touch higher, so that’s good.”
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