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All eyes on ECB

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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    Forex News and Events Can Draghi “overdeliver”?… Unlikely. (by Peter Rosenstreich) The surprise rate cut by the RBNZ highlights three key issues: weakness in the global economy, mounting disinflationary pressure and the important role central bank policy plays in asset pricing. If there was not an overwhelming expectation for today’s ECB rate decisions, then the RBNZ move just raises the stakes. It will be difficult for the ECB to “over-deliver” given the misgivings of the actual effectiveness

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