We have already seen rate cuts from Australia, Canada and the US and more is coming. The big uncertainty is whether the ECB is willing to cut rates further at the ECB meeting on 12 March. Analysts at Danske Bank are uncertain with the next moves of the European Central Bank (ECB). Key quotes “Had the interest level been positive, we believe there would be little doubt that it would cut rates. However, with the depo rate at -0.50%, whether the ECB is willing to go deeper into the negative given the potential negative impact on the European banking sector is uncertain.” “In our view, the last thing Europe needs is a new debt crisis. However, when we weigh up the pros and cons, we arrive at the conclusions that the ECB will be hesitant to go deeper into negative next week and that the ECB will see the current QE programme as adequate.” “We should expect targeted new liquidity measures to secure funding for banks. However, we underline that uncertainty is high, things can change quickly from day to day and we rule out nothing ruled out.” 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 NFP: Outstanding data not to stop dollar’s vulnerability FX Street 3 years We have already seen rate cuts from Australia, Canada and the US and more is coming. The big uncertainty is whether the ECB is willing to cut rates further at the ECB meeting on 12 March. Analysts at Danske Bank are uncertain with the next moves of the European Central Bank (ECB). Key quotes “Had the interest level been positive, we believe there would be little doubt that it would cut rates. However, with the depo rate at -0.50%, whether the ECB is willing to go deeper into the negative given the potential negative impact on the European banking sector… 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.
