Gate.io data, news on October 8th, analyst Francesco Pesole from ING believes that the euro is at risk of weakening due to the European Central Bank's digestion of the interest rate cut in October. Although the possibility of an interest rate cut may be smaller than implied by the market, data continues to show high inflation in the service industry, and the pump in oil prices means that the European Central Bank may raise inflation expectations. However, he believes that the market is unlikely to easily abandon the bet of an interest rate cut in October. The interest rate difference between the US dollar and the euro is large, and the euro against the US dollar still faces some pressure in the short term.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Hollanda Uluslararası: Piyasa Ekim ayı faiz indirimi bahsine dayanmaya devam ediyor, Euro düşüş riskiyle karşı karşıya
Gate.io data, news on October 8th, analyst Francesco Pesole from ING believes that the euro is at risk of weakening due to the European Central Bank's digestion of the interest rate cut in October. Although the possibility of an interest rate cut may be smaller than implied by the market, data continues to show high inflation in the service industry, and the pump in oil prices means that the European Central Bank may raise inflation expectations. However, he believes that the market is unlikely to easily abandon the bet of an interest rate cut in October. The interest rate difference between the US dollar and the euro is large, and the euro against the US dollar still faces some pressure in the short term.