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ECB rate cut broadly meets expectations. What's next?

Discussion in 'Market News' started by ForexLive, Dec 3, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Euro runs higher but the danger is far from over This is the part I've been warning about so what's next - A cut that met expectations = no reason to sell more euro's and covering has taken place For QE the expectations are in the general region of a €10-20bn increase. If we're anywhere in the middle we've hit expectations again and are likely to see more short covering.

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