1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

ECB: Expect a 20bps cut and an increase in monthly asset purchases - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Research Team at TDS, notes that the inflation is again negative in the euro area, and likely to stay there for much of 16H1.

    Key Quotes

    “Consequently, the ECB must act, but the precise composition is still debateable. We expect a 20bps cut to the depo rate, an increase in monthly asset purchases to €70-75bn/mo (and possible extension beyond March 2017), and another LTRO and NLTRO to support market liquidity. With a technical review on the table as well, the possibilities are immense, but hesitation within the Governing Council is sure to lead to at least a little disappointment on some fronts.”
    For more information, read our latest forex news.
     

Share This Page