Digging the trenches |
|
The ECB is digging the trenches and bolstering its defenses in preparation for a long siege by a growing number of consumers, producers and market participants clamoring for lower rates. With the Eurozone flirting with technical recession and headline inflation already edging down thanks the oil price correction, the ECB today focused its efforts on taking the wind out of the sails of those asking for monetary easing. Trichet prepared the ground for arguing that a sustained reduction in oil
Filed under: Fundamental
Latest Posts
- BoE and ECB: Will they Under or Over Deliver?
- Japan CAPEX highlights ongoing weakness in capital spending
- The US dollar traded stronger against a basket of currencies after the ECB
- Asia Session
- Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today
- Update on global housing market
- Guidelines For a Market Bottom
- Usd/Chf update
- Daily FX Commentary
- Eur/Usd for today
- Greenback declines against the Yen as U.S payrolls fall
- Finding a Broker
- Forex - Dollar fell against Euro after ECB rate cut
- Euro Gains After “Meager” Rate Cut
- Daily Forex Overview