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ECB failure to impress sends global equities reeling

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The Day So Far Slight rebound in some of the markets hit hardest by the ECB’s disappointing showing yesterday. The policy moves announced certainly weren’t insignificant, with a further 0.10% cut to the deposit rate and an extension of the QE programme, but investors reacted negatively purely because expectations had far outgrown what the ECB could reasonably have been expected to deliver. The euro soared 400 points versus the dollar as those heavily short the currency pair going to into the

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