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5 Jun 2014
All eyes on the ECB today – Danske Bank
FXStreet (Edinburgh) - Chief Analyst Lars Christensen underlines the relevance of today’s crucial ECB meeting for the euro and the global markets.
Key Quotes
“Today’s ECB meeting will be the main attraction”.
“We expect the ECB to deliver an aggressive easing move by cutting the refi and deposit rates, taking the latter into negative territory.
“At the same time, we expect the ECB to boost liquidity through a new 3Y LTRO (perhaps with a fixed rate) and potentially introduce credit easing measures”.
Key Quotes
“Today’s ECB meeting will be the main attraction”.
“We expect the ECB to deliver an aggressive easing move by cutting the refi and deposit rates, taking the latter into negative territory.
“At the same time, we expect the ECB to boost liquidity through a new 3Y LTRO (perhaps with a fixed rate) and potentially introduce credit easing measures”.