ECB Main Refinancing Rate:
- Current: 2.40%
- Forecast: 2.65%
- Previous: 2.90%
ECB Deposit Rate:
- Current: 2.25%
- Forecast: 2.25%
- Previous: 2.50%
ECB cut rates in line with market expectations. We see a small decline on EURUSD chart. The currency pair tests key support around 1.1346. Now the market is waiting for the conference after the decision, which will provide further details about ECB monetary policy in the nearest future and its outlook on current macro situation.
Source: xStation
Three markets to watch next week (23.10.2026)
Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)
US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)
BREAKING: France slows down, Germany holds on. Euro falls below 1.12