Analyst: From unexpected to unanimous decision to cut interest rates, the economic situation in Europe changes rapidly.

On October 17th, Jin10 Data reported that analysts said what’s interesting is that the European Central Bank President Lagarde said today’s decision to cut interest rates by 25 basis points was unanimously approved. But after the September meeting, almost no one expected a rate cut. The European economic situation is changing rapidly. After Lagarde made the above remarks, the euro continued to fall, and the euro against the US dollar fell below 1.0830 for the first time since August 2. Perhaps this is a signal for spot traders to wait for a re-short. The currency market has increased expectations for easing by one to two basis points in the December and January meetings.