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25.10.202214:40 Forex Analysis & Reviews: EUR may show growth

Exchange Rates 25.10.2022 analysis

EUR/USD

The ECB Governing Council meeting is due on Thursday, October 27th.

The regulator is expected to raise interest rates by 0.75%.

The euro may attempt to break through the range and advance to 1.0500 after or even ahead of the meeting.

It remains to be seen whether the ECB will be hawkish enough. If it is, the euro may well reach the target of 1.0500.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Jozef Kovach,
Analytical expert of InstaSpot
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