ECB leaves monetary policy unchanged; What's next?


currencies forecast polls

EUR/USD bearish sentiment increases, hardly seen above 1.1000 this quarter: market points to a decline towards the 1.0500/800 region, with some looking for fresh multi-year lows.

GBP/USD break below 1.3000 more likely now: banks hold the more bearish stance, pointing to 1.2500 in a three-month view.

USD/JPY bullish, but contained: our poll shows that the pair is expected to raise during the next month, but hardly recovering the 110.00 level.

AUD/USD poised to challenge 0.7000: RBA's dovish stance, and further rate cuts in the table, have resulted in a shift in sentiment towards the Aussie.

EUR/JPY strongly bearish, as yen weakness seems unsustainable: it's all about how much the BOJ is willing to do this week.

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