Forex Flash: Odds of an ECB rate cut in December low - Nomura

FXstreet.com (Barcelona) - In absence of any shift in the risk assessment towards the ECB December monetary policy decision, Nomura Economist Nick Matthews thinks "odds of a rate cut in December are low." Mr. Matthews adds that "while door to lower rates has not been closed, statement provides no hint of an imminent cut, with policy described as 'very accommodative'."

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