ECB maintains status-quo, leaves interest rates/QE unchanged

At its monetary policy meeting held today, the Governing Council of the European Central Bank (ECB) decided to maintain status quo and leave key benchmark interest rates unchanged. 

   •  Main refinancing operations:  0.00%
   •  Interest rates on the marginal lending facility: 0.25%
   •  Deposit facility: -0.40%

The central bank also maintained the pace of its asset purchases at EUR 30 billion per month, at least until the end of September 2018, or beyond, if necessary.

Attention now turns to ECB President Mario Draghi's post-meeting pressure, where his comments would be closely scrutinized for clues over the future path of the monetary policy.

USD/CAD continues to trade heavily – Westpac

USD/CAD continues to trade heavily, but it’s mostly a USD story, according to Richard Franulovich, Research Analyst at Westpac. Key Quotes “Year to
Devamını oku Previous

EUR/USD around 1.2400 post-ECB

The single currency keeps the negative tone after the European Central Bank left its monetary policy intact at today’s meeting, with EUR/USD around th
Devamını oku Next