Today is the last meeting of the President of the ECB, Mario Draghi, also known as "Super Mario" with his famous statement: "We will do what ever it takes". Former President of the International Monetary Fund, Christine Lagarde, will take over the post on November 1st.
The common expectation of traders is that the last meeting will not be so exciting. TDs, for example, expect a dovish position, given expectations of inflation and weak economic growth. No clear signs of monetary policy are expected.
TDs expect the euro to remain depressed. Market attention will quickly turn to the early indications of future policy already made by Lagarde.
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