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Deutsche Bank: If Lagarde expresses concerns about the economic outlook, the euro may fall

GoldenOctober2024

2024-10-17 10:53:36

Jinshi Data News on October 17th, Deutsche Bank forex analyst Plevkov said in a report that if European Central Bank President Lagarde shows unexpectedly strong concerns about the economy at Thursday's meeting, the euro may decline. This would support market expectations of a rapid interest rate cut in the coming months. Although there are reasons to suggest that the European Central Bank may slow down the pace of interest rate cuts after the expected rate cut on Thursday, concerns about the economic outlook may prevail. It can be imagined that the risk of the euro against the US dollar today lies in the downside. In the coming weeks, the euro may react sensitively to weak data.

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