According to analysts at Nordea Markets, ECB is finding itself considering new stimulus measures again and suggest that the new liquidity operations will be in store, but Euro-area excess liquidity has most likely peaked already. Key Quotes “New liquidity operations will be in store, but not yet in March.” “We see three scenarios for the ECB, depending on what they want to achieve with new liquidity operations.” “In our baseline, the ECB will try to prevent a relatively rapid fall in excess liquidity and offer new 4-year TLTROs.” “If the ECB also wants to provide additional monetary policy easing, it needs to find very attractive liquidity operations, possibly with an even longer maturity than four years.” “In all the scenarios, excess liquidity will fall, but that does not automatically mean that monetary policy would tighten rapidly.” “TLTROs will probably not be a game-changer for the EUR, but will have curve and spread implications.” 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 GBP/USD Technical Analysis: Cable down small on US GDP – Bulls hold on tight near 1.3280 level FX Street 4 years According to analysts at Nordea Markets, ECB is finding itself considering new stimulus measures again and suggest that the new liquidity operations will be in store, but Euro-area excess liquidity has most likely peaked already. Key Quotes "New liquidity operations will be in store, but not yet in March." "We see three scenarios for the ECB, depending on what they want to achieve with new liquidity operations." "In our baseline, the ECB will try to prevent a relatively rapid fall in excess liquidity and offer new 4-year TLTROs." "If the ECB also wants to provide additional monetary policy easing, it… 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.
