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The ECB takes one stride down disappointment lane

Discussion in 'Market News' started by ForexLive, Dec 3, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Euro rips above 1.07 The market wanted more than a 10 basis point cut in the deposit rate. Even if they deliver 15 billion more of QE for another six months, it won't be enough. The best Draghi could do would be to promise/hint at another deposit rate cut.

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