“Our view is that the ECB hikes 50 bps on 15 December and then finishes the cycle with a 25 bps hike in February. In other words, we look for the cycle to conclude at 2.25% rather than the 2.90% area priced for the markets in late summer.”
“In the short term, EURUSD has just sunk below support at 1.0270 and we would not rule out it drifting towards the 1.0200 area near term.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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