Will Delaki Suppress The Euro Next Week? What Happened?

The euro is the biggest beneficiary of the recent withdrawal of US dollar positions.

The euro's trade weighted index is now close to the August high, and the public's attention will be focused on the European Central Bank to see if the Commission will further boost the euro exchange rate.

French agricultural credit believes that it is too early to expand the easing action.

They expect Europe.

The economic outlook will be downgraded and QE will be delayed until September 2016.

This seems to have been expected by the market.

People should be concerned about the signal that Delaki will hint that extra loose will soon be implemented.

Such remarks will become an unexpected dovish argument, and the euro / dollar will be under pressure, but it may not trigger a downward trend in exchange rate trends, given the high euro.

French agricultural credit believes that the euro / pound will be more attractive before next week's ECB meeting and UK retail sales figures.

Foreign exchange focus: why does QE no longer weaken the euro and how to trade? The euro BoP flow background seems to support the euro now.

French agricultural credit is expected to change when the ECB loosely stimulates foreign demand for the euro.

The euro before the ECB meeting: Delaki tried hard to suppress the euro orally, but

Actions, rather than words, can drag the euro down to its March low.

Canadian central bank before the Canadian Dollar: interest rate material remains unchanged, the central bank worded more pigeon, Canadian dollar pressure.

Sterling before retail sales: positive retail data may support sterling against the euro and US dollar next week.

Another theme of next week's market may be the return of risk aversion in the foreign exchange market.

China will announce the third quarter GDP, and the ECB meeting may hit the market sentiment.

This may support the euro and yen, but the Australian dollar, NZD and Canadian dollar are under pressure.

The market will also focus on the outcome of the October meeting of the Bank of Canada.

CACIB economists expect the central bank to maintain its policy, but lower the economic forecast and suggest that it will be further relaxed by the end of the year.

This may restore pressure on the Canadian dollar, especially against the US dollar.