All Eyes on ECB and Mario Draghi; RBNZ Cut Rates ‐ EUR/NZD 175 Pips Locked

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The euro was traded mixed versus the majors ahead of the big day! The ECB will revise the current policy as it scheduled and is widely expected to launch more stimulus. The slow economic growth and the stacked consumer prices amid the gloomy global outlook rush the 19‐nation union to use the available tools to boost the economy. The inflation fell back into negative territory in February at ‐0.2% even further below bank’s target of just below 2%, while the GDP remained near 0.3% for the last

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