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ECB shots all of the arrows in its quiver

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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    Outlook: The ECB shot all of the arrows in its quiver. Of the six measures, three are the biggies—the increase in the negative deposit rate by 10 bp to -0.40%, increasing the amount of QE from €60 to €80 billion per month, and adding investment grade corporate notes. This particular item was mentioned ahead of QE many months ago on the grounds there would not be enough qualifying sovereign paper, but a surprise all the same. As was doing both the deeper negative deposit rate AND raising the QE

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