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FX Forecast Update: Negative Rates and Liquidity Tools to Weaken the Euro

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The ECB delivered more easing than expected at its rate meeting in June by cutting both the refi and deposit rates by 10bp, the latter into negative territory, and introduced a four-year targeted LTRO (TLTRO). While it remains uncertain how much excess liquidity will be boosted by the new LTRO,[​IMG]

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