EUR/USD downtrend that started several months back somewhere in June 2014 is going strong. EUR/USD started the new year with a 29 months low when ECB President said that bolder steps are needed to make the stimulus work. European Central Bank President Mario Draghi said the risk of the central bank not fulfilling its mandate… Continue reading Risk Of European Central Bank Failing Its Mandate Higher Than 6 Months Ago
Tag: ecb
European Central Bank Monitors Impact Of its Anti Deflationary Measures!
European Central Bank is unlikely to take new policy moves at its monthly meeting next week. Instead it is being reported that the European Central Bank (ECB) is still monitoring the impact of its ant deflationary measures that it took last month. Last month, ECB took the unprecedented step of making the deposit rates negative… Continue reading European Central Bank Monitors Impact Of its Anti Deflationary Measures!