MUFG: ECB move this week could slow EUR/USD rally

Comments of MUFG:

"We don't expect the ECB to change the size of the PEPP next week. I think December would be a more reasonable time for the ECB to slow down its bond purchases, like the Fed."

“We think the next Thursday meeting will be when the ECB announces the new direction of monetary policy and we expect the ECB to take advantage of that to slow EUR/USD from here.”