Analysts at TD Securities suggest that in accordance with the global trend toward more cautious central bank hikes, they are revising down their expectations for ECB rate hikes, with a single 15bps hike to the depo rate in December. Key Quotes “We expect the ECB to then hike at a cautious pace, with 25bps hikes occurring every six months thereafter. We do not expect the ECB to introduce TLTROs should macroeconomic data recover as we expect.” “FX: We are revising lower our EURUSD forecasts on the back of our downgraded ECB expectations. We retain a broadly constructive outlook for the pair, but we have reduced our year-end expectation to 1.24 from 1.27. Near-term risks to our view are still skewed to the downside, but we could see upside risks emerge on longer horizons.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin sentiment: LTC/USD explores the downside on February 12 FX Street 3 years Analysts at TD Securities suggest that in accordance with the global trend toward more cautious central bank hikes, they are revising down their expectations for ECB rate hikes, with a single 15bps hike to the depo rate in December. Key Quotes "We expect the ECB to then hike at a cautious pace, with 25bps hikes occurring every six months thereafter. We do not expect the ECB to introduce TLTROs should macroeconomic data recover as we expect." "FX: We are revising lower our EURUSD forecasts on the back of our downgraded ECB expectations. We retain a broadly constructive outlook for the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
