-
ECB Aftermath. What’s the takeaway?
Draghi’s comment pressured the single currency much lower as traders quickly expressed their disappointment in the ECB’s decision not to implement immediate intervention; that’s what’s being priced in today. But let’s also balance this out: The ECB also open to the door to bond buying which was upgraded from previously “limited” to now having no set limit. So bottom line is that the ECB – in Draghi’s words – “may undertake outright open market operations of a size adequate to reach its objectives” and that it could take “further non-standard monetary policy measures”. The problem is that ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 7, 2013 4:41pm Feb 7, 2013 4:41pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments
- Comment #2
- Quote
- Feb 7, 2013 5:40pm Feb 7, 2013 5:40pm
- Halba
- | Joined Dec 2011 | Status: Member | 127 Comments
- Comment #3
- Quote
- Feb 7, 2013 5:44pm Feb 7, 2013 5:44pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments
- Comment #4
- Quote
- Feb 7, 2013 5:52pm Feb 7, 2013 5:52pm
- Guest
- | IP XXX.XXX.1.173
- Comment #5
- Quote
- Feb 7, 2013 5:56pm Feb 7, 2013 5:56pm
- Info Seeker
- | Joined Jun 2012 | Status: Member | 16 Comments
- Comment #6
- Quote
- Feb 7, 2013 6:01pm Feb 7, 2013 6:01pm
- Guest
- | IP XXX.XXX.1.130
- Comment #7
- Quote
- Feb 7, 2013 7:17pm Feb 7, 2013 7:17pm
- Info Seeker
- | Joined Jun 2012 | Status: Member | 16 Comments
- Comment #8
- Quote
- Feb 7, 2013 7:29pm Feb 7, 2013 7:29pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments
- Comment #9
- Quote
- Feb 7, 2013 7:31pm Feb 7, 2013 7:31pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments