The ECB projections will hold the key in the week ahead as market participants still price in 125bps of rate cuts in 2024. Can the Central Bank arrest the Euros slide?
Oil prices continued to slide for the majority of the Asian and European sessions before finding support at recent lows. Geopolitical risks and technicals hint at recovery in price.
The Japanese Yen has made significant gains against the Euro and Greenback this week. The move was driven largely by Euro and USD fundamentals and i expect that to continue.