Friday, March 10, 2017

ECB confirmed that the asset purchase program will continue through at least Dec with the amount purchased at EU80bn a month cut to EU60bn from Apr to Dec, as mentioned before. While Draghi did say that QE can be


GBL: NFP Day



Global Markets Daily
by Saktiandi Supaat


FX Research





ECB confirmed that the asset purchase program will continue through at least Dec with the amount purchased at EU80bn a month cut to EU60bn from Apr to Dec, as mentioned before. While Draghi did say that QE can be expanded, extended if outlook deteriorates, he opined that risks to economic outlook are less pronounced. The central bank even lifted 2017, 2018 growth and inflation forecasts which gave the EURUSD a lift past the 1.06 at one point. Eyes are on the NFP print today ...

No comments:

Post a Comment

Related Posts with Thumbnails