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Subdued Eurozone inflation bolsters expectations for further QE

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    An aggressive selloff was observed in Euro following the static Eurozone inflation reading of 0.1% which reinforced the growing expectations that the ECB will implementfurther stimulus measures on the 3rd of December. The release fueled the bearish sentiment which investors had acquired towards the Eurozoneeconomy and this may leave the EUR vulnerable to more losses. Whilst Mario Draghi’s repetitive dovish rhetoric towards the Eurozone economy has consistently devalued the Euro, today's

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