Euro could fall further on ECB rate-rise pause talk
ING’s Francesco Pesole says EUR is at risk of falling further if the ECB keeps rates unchanged in October. ECB officials have so far kept an October hike on the table, but investors appear increasingly willing to embrace a pause, per market talk.
The euro is at risk of extending losses as investors weigh the prospect of the European Central Bank leaving interest rates unchanged in October, ING’s Francesco Pesole said in a note. ECB officials have so far kept an October rate hike firmly on the table. “Even so, investors appear increasingly willing to embrace …”