EURUSD: Anticipating Lagarde’s Key Comments
The market is buzzing as expectations rise for a 25 basis point cut in interest rates. Current projections indicate that back-to-back cuts could occur in the first half of the following year, leading rates below 2% by June 2025, or even as low as 1.7% by July. This context heightens interest in Christine Lagarde’s upcoming press conference, according to OCBC analysts.