ECB: Significant decisions likely in the next meeting – Danske Bank

Analysts at Danske Bank explain yesterday, ECB President Mario Draghi provided some interesting assessments during the press conference as he acknowledged that recent incoming data has been weaker than expected.

Key Quotes

“ECB did not formally announce an end to the APP by the end of the year. We think the next ECB meeting on 13 December 2018 will be likely lead to a significant market reaction as significant decisions must be taken.”

EUR futures: still looks further south

CME Group’s preliminary figures for EUR futures markets showed open interest extended the uptrend for yet another session, rising by around 2.6K contr
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EUR/USD room for a visit to 1.1319/01 - Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair remains under pressure and could test the 1.1319/01 area. Key Quotes “EU
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