ING Economics view that EUR/USD will head to 1.26 post-ECB meeting

They put out a neat «cheat sheet» on the ECB meeting later todayTheir base case scenario is for the ECB to leave inflation forecasts unchanged but make an upward revision to growth forecasts for this year in today’s meeting.
Meanwhile, ING also expects the ECB to drop the reference «stands ready to increase QE» — and that will result in a push for EUR/USD towards 1.2600 — although they did not state a timeframe for the move to said forecast level.

In their «cheat sheet», they also highlighted a bunch of other scenarios for the ECB meeting later so make what you will of it:
Source: ING Economics, h/t @AntBarton89
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