ECB's Rehn: Fee cuts will rely on our general evaluation at every assembly
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- Euro space development is projected to be sluggish
Up to now, he is not saying something to jolt market pricing. And that is the opposite principal consideration for any of their communications earlier than making coverage choices. As such, a 25 bps charge reduce in December stays the likeliest choice at this stage. EUR/USD stays down zero.2% on the day at 1.0626 presently.
This text was written by Justin Low at www.ubaidahsan.com.
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