The European Central Bank’s (ECB) Board has decided to keep interest rates on its main refinancing activities and marginal lending and deposit facilities at 0.00%, as expected, 0.25% and -0.50% respectively.
More importantly, the ECB announced that it has expanded its Pandemic Emergency Purchasing Program (PEPP) by 600 billion euros to 1,350 billion euros.
Now the momentum for buying EUR again.
The EURCHF buy position has been reduced but continue.
Learn what a 25-delta FX risk reversal measures, why identical skew can hide different volatility levels, and how to check conventions before interpreting the sign.
Technical Analysis — October 12, 2026 Overview Today’s main themes are continued dollar strength, weakness in the euro and New Zealand dollar, and improving conditions
Today’s Options Overview October 12, 2026 ━━━━━━━━━━━━━━ Spot Rates at the Time of Publication ━━━━━━━━━━━━━━ EUR/USD: 1.1210 USD/JPY: 158.22 GBP/USD: 1.3244 USD/CHF: 0.8298 USD/CAD: 1.4257