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.”

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

Pin It on Pinterest