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ECB Under Pressure to Deliver Further Stimulus

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The European Central Bank Will Want to Avoid Another Failure to Communicate with Market The European Central Bank (ECB) Chief Mario Draghi had increased the easing rhetoric last year and was shocked when what he delivered in December 3, 2015 triggered a huge sell off as markets were disappointed. The ECB lowered the rate deeper into negative territory to – 0.3 percent, extended the quantitative easing program by six months (up to March 2017), announced a reinvestment of maturing bonds into new

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