Inflation is digging lower into the bottom and the falling prices certainly don’t help. Can the ECB do something? The team at BNP Paribas has a clear answer: Here is their view, courtesy of eFXnews: All eyes will be on the ECB meeting on Thursday following comments from the Governing Council which have been mixed, but key members, including ECB president Mario Draghi, vice president Vitor Constancio and Benoit Coeure, have sounded amenable to further policy adjustments, notes BNP Paribas. “Our economists expect next week’s meeting to include the announcement of a broadening of the range of assets the ECB intends to buy in tandem with a downward revision to already-low staff inflation projections. Comments should support an increase in expectations of full sovereign QE in Q1,” BNPP projects. “We expect the outcome of the meeting generally to be bearish for the EUR, even though a more significant depreciation probably requires a marked rise in inflation expectations,” BNPP adds. “We remain short EURUSD and EURGBP heading into December,” BNPP adds. In its portfolio, BNPP maintains a short EUR/USD position from 1.2520 targeting 1.18 and and a short EUR/GBP position from 0.7990 targeting 0.7757. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – Nov. 28 John Benjamin 8 years Inflation is digging lower into the bottom and the falling prices certainly don't help. Can the ECB do something? The team at BNP Paribas has a clear answer: Here is their view, courtesy of eFXnews: All eyes will be on the ECB meeting on Thursday following comments from the Governing Council which have been mixed, but key members, including ECB president Mario Draghi, vice president Vitor Constancio and Benoit Coeure, have sounded amenable to further policy adjustments, notes BNP Paribas. "Our economists expect next week's meeting to include the announcement of a broadening of the range of assets the ECB… 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.