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EUR/USD Forecast: Get ready for the ECB

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 3, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair trades at its lowest in 7-month ahead of the ECB meeting, in where the Central Bank is largely expected to extend its stimulus program. Last October, Mario Draghi announced that they were willing to review the amount of bond buying, and the market is already expecting a monthly increase of 10/20 billion per month, and a six month extension of the program. Additionally, last week rumors arose that the ECB can turn further negative its deposit rates, currently at

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