Forex
globalreutersOctober 17, 20241 Mins read
UBS see plenty more European Central Bank rate cuts, Dec & 2025. Euro has cyclical support
globalreutersOctober 17, 20241 Mins read The ECB cut rates on Thursday:
Given the state of the EU economy analysts are piling in projecting further rate cuts:
- Forexlive Americas FX news wrap: ECB cuts rates, US retail sales beat estimates
- TD on the European Central Bank – no major surprise. Now pessimistic on euro.
- Deutsche Bank expect faster rate cuts from the European Central Bank to come
UBS too:
- see a December rate cut
- project the deposit rate to hit 2.0% in 2025
- see support for the euro in the months ahead, cyclical factors for FX more broadly including EUR
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
The USD is moving lower in volatile trading on the Pres. Trump comments at Davos
The USD is moving up and down as Trump addresses the Davos...
EIA weekly US crude oil inventories -1017K vs -1645K
Prior was -1962KGasoline +2332K vs +2281K expectedDistillates -3070K vs +283K expectedRefinery utilization...
Oil and the US dollar fall on Trump’s Davos comments
The US dollar declined modestly across the board during Trump's appearance in...
Highlights: Trump’s speech from Davos as he comments on crypto and tariffs
Repeats talking points about a 'golden age' and 'revolution of common sense'Biden...
Leave a comment