The fall in inflation in the euro zone below 1% has rekindled speculation about a further ECB rate cut , notes Commerzbank.
"As a result next week’s ECB meeting has gained added significance for EUR-USD. Should policy speculation be fuelled further in the press conference after the event , the euro might depreciate notably ," CB projects.
In the table below , Commerzbank outlines its expectations for next week's trading ranges and bias for EUR/USD , and a selection of other currency pairs.
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