According to analysts at TD Securities, Draghi’s final ECB meeting should be an uneventful celebration of his 8 years as President. Key Quotes “We expect a dovish lean, given concern about inflation expectations and softer growth trends. We don’t expect any clear policy signals in our base case.” “Rates: Our base case sees some slight downward pressure on yields but we expect a muted reaction overall. Market focus turns to the implementation of the ECB’s tiered deposit system (30 Oct) as well as the start of the new QE purchases (1 Nov).” “FX: Similarly, we expect EURUSD to remain tame. Most directional risks favour moderate downside as we expect Draghi to ride off on a dovish note. Market attention will soon turn to any early hints on policy preferences from incoming President Lagarde.” 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 Gold technical analysis: Clings to gain near the top end of 2-week old trading range FX Street 3 years According to analysts at TD Securities, Draghi's final ECB meeting should be an uneventful celebration of his 8 years as President. Key Quotes "We expect a dovish lean, given concern about inflation expectations and softer growth trends. We don't expect any clear policy signals in our base case." "Rates: Our base case sees some slight downward pressure on yields but we expect a muted reaction overall. Market focus turns to the implementation of the ECB's tiered deposit system (30 Oct) as well as the start of the new QE purchases (1 Nov)." "FX: Similarly, we expect EURUSD to remain tame.… 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.
