Analysts at TD Securities note that the BCB sounded marginally more dovish thanks to a view for a more gradual (post-strike) growth recovery, and re-emphasized the high level of economic slack in the economy. Key Quotes “The BCB kept rates on hold at 6.50%, as we and nearly all of the market had expected. There was not a lot of substantial change to the statement, however what changes there were suggest that the BCB is not looking at the possibility for rate hikes any point in the near future.” “We see the market moving further towards our view of no hikes until the start of 2019, though also note that the BCB is making its accommodative monetary stance contingent on the perception of a continued commitment to fiscal reforms (through and beyond the election period).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP bulls regain control, retake 0.8900 mark and beyond during Carney’s post-meeting presser FX Street 5 years Analysts at TD Securities note that the BCB sounded marginally more dovish thanks to a view for a more gradual (post-strike) growth recovery, and re-emphasized the high level of economic slack in the economy. Key Quotes "The BCB kept rates on hold at 6.50%, as we and nearly all of the market had expected. There was not a lot of substantial change to the statement, however what changes there were suggest that the BCB is not looking at the possibility for rate hikes any point in the near future." "We see the market moving further towards our view of no… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
