Analysts at Rabobank notes that the ECB tried to convey confidence after its March meeting, but at the same time slashed its forecasts. Key Quotes “Its policy actions, too, paint a different picture. Despite its self-proclaimed confidence, the ECB acted more resolute than the market had anticipated – suggesting that there was at least some sense of urgency within the Council.” “The ECB announced TLTRO-III, but the modalities contradict the reasons cited for these operations somewhat.” “Despite the substantial flattening that has already taken place since the last ECB meeting, we see substantial risk of further flattening ahead; particularly from the mid-2020 points outward. This view is based on our expectations that the ECB will not get the chance to hike rates next year, on the back of growing concerns about a US recession, culminating in the FOMC cutting rates from June 2020 onwards.” 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 Canada: Mixed economic data – TDS FX Street 4 years Analysts at Rabobank notes that the ECB tried to convey confidence after its March meeting, but at the same time slashed its forecasts. Key Quotes "Its policy actions, too, paint a different picture. Despite its self-proclaimed confidence, the ECB acted more resolute than the market had anticipated - suggesting that there was at least some sense of urgency within the Council." "The ECB announced TLTRO-III, but the modalities contradict the reasons cited for these operations somewhat." "Despite the substantial flattening that has already taken place since the last ECB meeting, we see substantial risk of further flattening ahead; particularly from… 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.
