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What To Expect From The ECB Thursday

What To Expect From The ECB Thursday

4 Years ago | March 06, 2016 00:00:00

John M. Bland, MBA, CTA


Key ECB Decision Thursday

The major focus of the week ahead will be on the European Central Bank policy decision on Thursday. Forex markets were surprised by a report that the ECB is likely to disappoint market expectations because no consensus on policy has been reached. Reportedly, all that has been agreed upon is a lowering of the Bank Deposit Rate (currently -0.20%). If accurate, this story explains a mysterious two-day rally in the EURUSD. If this was a leak, it might have been designed to lowe

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