Dutch International said that if the ECB meeting on Thursday achieves the 25 basis point interest rate cut generally anticipated by the market and fails to promise further interest rate cuts, the euro may not be greatly affected. The market expects continuous interest rate cuts for the next four sessions, but the ECB may be wary of hinting at further easing policies. As inflation is expected to rise for the rest of the year, geopolitical risks may affect energy prices, and concerns about the economic outlook are intensifying. This means further pressure on EUR/USD may require some defensive positions before the US election.

Dutch International said that if the ECB meeting on Thursday achieves the 25 basis point interest rate cut generally anticipated by the market and fails to promise further interest rate cuts, the euro may not be greatly affected. The market expects continuous interest rate cuts for the next four sessions, but the ECB may be wary of hinting at further easing policies. As inflation is expected to rise for the rest of the year, geopolitical risks may affect energy prices, and concerns about the economic outlook are intensifying. This means further pressure on EUR/USD may require some defensive positions before the US election.