At an emergency meeting, the ECB announced additional monetary stimulus, just one week after the Council unveiled its previous easing package, analysts at Rabobank inform. Key quotes “The ECB has announced another EUR 750bn in asset purchases, in a specific envelope it calls the ‘pandemic emergency purchase programme’.” “The fiscal plans announced by Eurozone governments removed the ECB’s objections against further easing.” “The flipside of the fiscal stimulus is a rise in sovereign yields across the board, but mostly so in peripheral Europe. This is negatively affecting financial conditions in Eurozone markets.” 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 US: Initial Jobless Claims jumps to 281K in week ending March 14 vs 220K expected FX Street 2 years At an emergency meeting, the ECB announced additional monetary stimulus, just one week after the Council unveiled its previous easing package, analysts at Rabobank inform. Key quotes “The ECB has announced another EUR 750bn in asset purchases, in a specific envelope it calls the ‘pandemic emergency purchase programme’.” “The fiscal plans announced by Eurozone governments removed the ECB’s objections against further easing.” “The flipside of the fiscal stimulus is a rise in sovereign yields across the board, but mostly so in peripheral Europe. This is negatively affecting financial conditions in Eurozone markets.” 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.
