ECB: Pushback on the market’s pricing for cuts will drive EUR/USD towards 1.10 – Scotiabank

EUR/USD firmer ahead of ECB. Economists at Scotiabank analyze the pair’s outlook ahead of the Caution on rate outlook will be supportive Refreshed staff forecasts for inflation and growth will give policymakers a little more perspective on the rate outlook but it remains to be seen whether the ECB’s leadership is willing to mimic the Fed and endorse market expectations of an early start to the easing cycle.