Analysts said that it is interesting that ECB President Lagarde said today's decision to cut interest rates by 25 basis points was passed unanimously. But after the September meeting, almost no one expected interest rate cuts. The economic situation in Europe is changing rapidly. After Lagarde made these remarks, the euro continued to fall, and EUR/USD fell below 1.0830 for the first time since August 2. Perhaps this is a sign that spot traders are waiting to go short again. The monetary market's easing expectations for the December and January meetings increased by one to two basis points.

Zhitongcaijing · 10/17 13:33
Analysts said that it is interesting that ECB President Lagarde said today's decision to cut interest rates by 25 basis points was passed unanimously. But after the September meeting, almost no one expected interest rate cuts. The economic situation in Europe is changing rapidly. After Lagarde made these remarks, the euro continued to fall, and EUR/USD fell below 1.0830 for the first time since August 2. Perhaps this is a sign that spot traders are waiting to go short again. The monetary market's easing expectations for the December and January meetings increased by one to two basis points.