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Waiting for ECB Decision.

Today is ECB turn to hit the front stage, after RBA, BOE and yesterday BOC interest rate decision. Every now and than ECB meets outside of Frankfurt and today's meeting will be held in Cyprus. The market consensus is that ECB isn't going to make any monetary policy changes, however ECB more likely is going to release the execution details of the QE programme.
There are already some rumors in the market that gives highs odds that: "ECB may start buying securities as part of its QE programme on
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YY3 avatar
YY3 5 Март

bravo mane esti tare :)) 

VictoriaVika avatar
VictoriaVika 5 Март

Motivational pic, good one! :)

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EUR/USD Bull Traps


This morning just after the London open some market commentary were crossing the market from ECB's Nowotny who said:" The outlook for Europe as a whole is much better than a year ago; monetary policy has contributed substantially to economic recovery; it’s a positive sign that banks are repaying long-term funding; ECB prepared to be watchful; helpful for interest rate policy if price stability ensured; sees neither inflation or deflation in short or medium term for Eurozone."
And it seems that …
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