According to analysts at Rabobank, ECB’s economic outlook will take centre stage in its upcoming meeting and the staff projections will probably be cut, something that’s becoming a recurring theme. Key Quotes “We believe that this meeting is too early for changes in the forward guidance.” “But due to the ECB’s desire to safeguard access to credit, we expect the ECB to follow up on the current TLTRO-II with a fresh series of long-term refinancing operations in the near future.” “Policy rates Forward guidance to remain unchanged at “through the summer of 2019″. Despite guidance remaining unchanged, we don’t expect any rate hikes in 2019 and 2020.” “Asset Purchase Program No changes to the reinvestment program or its forward guidance.” “LTROs We expect Draghi to mention a successor for TLTRO-II, with allotment starting in June. This successor will probably focus on maintaining current levels of liquidity. That said, the ECB may save the official announcement, including the full modalities, for April.” 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 USD/JPY stuck in tight range below 112 despite broad USD strength FX Street 4 years According to analysts at Rabobank, ECB's economic outlook will take centre stage in its upcoming meeting and the staff projections will probably be cut, something that's becoming a recurring theme. Key Quotes "We believe that this meeting is too early for changes in the forward guidance." "But due to the ECB's desire to safeguard access to credit, we expect the ECB to follow up on the current TLTRO-II with a fresh series of long-term refinancing operations in the near future." "Policy rates Forward guidance to remain unchanged at "through the summer of 2019". Despite guidance remaining unchanged, we don't expect… 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.
