An ECB interest rate hike seems to have been priced in for quite some time now, but what if the central bank keeps December tightening hopes alive?
Our Event Guide for the ECB Decision points out that an optimistic inflation outlook from Lagarde or upgraded economic forecasts could spark a strong euro rally.
Here’s what I’m watching on EUR/GBP and EUR/AUD in this scenario.
Watchlists are price outlook discussions supported by both fundamental & technical analysis, a crucial part of a high-quality discretionary strategy needed before working on a risk & trade management plan to complete your own trade idea.
If you’re new to our “Watchlist” content, please read this guide on Short-Term Strategy Watchlists to help you understand how a watchlist may help develop your own ideas on how markets may move ahead, to potentially increase the odds of a net positive outcome.
