Forex

ECB's Holzmann: A 25 bps cost decrease is potential in December

.As a pointer, it was likewise "possible" that the ECB would possess paused in Oct. And also look at exactly how factors played out instead.It's everything about the information at this phase and we'll get an initial test of the ECB's resolve from the PMI bodies later on today. The ECB is going to just be meeting next on 12 December. Therefore, there's still lots of opportunity for the records to once more entice all of them to act at a quicker pace.This write-up was composed through Justin Low at www.forexlive.com.