ECB Leadership Urges Caution on Rate Outlook, Sparking Euro Rally Prospects
• Caution on rate outlook by ECB leadership could drive EUR towards 1.10 against USD • Refreshed ECB staff forecasts on inflation and growth will provide policymakers more perspective • Pushback on market's pricing for rate cuts could strengthen EUR against USD • Article cites forecasts on ECB policy from 10 major banks pointing to more dovish direction • Markets and instruments profiled for informational purposes only, not recommendations to buy/sell