ECB Sign Posts Next Meet? | Forex Factory

  • ECB Sign Posts Next Meet?

    From marketpulse.com

    All the Euro action seemed to be taking place Down under over the past few days. The ECB's Draghi signaled this weekend that next month's highly anticipated policy meeting could be the one – the one "critical in determining whether the ECB will provide additional stimulus to shore up the nascent euro-zone economic recovery." Draghi and fellow policy members will have by then all the necessary information gathered to collectively decide whether Euro-policy makers should be proactive or not when it comes to rates or the introduction of other innovative tools. For market watchers, the fact that Draghi needs to mention ... (full story)

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PaulAmbrose
Feb 24, 2014 2:01pm
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Euro-policy makers are so early in mentioning something of this importance that it will likely boost market speculation that they will cut rates at their next policy meeting. That's next week folks. EUR/USD on its last legs this week and headed back down
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