Today’s monetary policy account signals the ECB stands ready to do more but amidst all the uncertainty, it is difficult to see ahead. More easing measures will likely be introduced in June, analysts at Nordea brief. The EUR/USD pair largely ignored this statement. Key quotes “While it was clear that the short-term inflation outlook had deteriorated, the medium to longer-term outlook was more ambiguous and some Governing Council members even pointed to upside risks.” “The flexibility of the pandemic emergency purchase programme (PEPP) was emphasized but not everybody was enthusiastic about the flexibility. Such voices most likely remain in minority for now.” “We continue to expect that the PEPP will be expanded and extended. Further modifications to the TLTRO terms could also be in store. We do not expect the ECB to lower its benchmark rates anymore. It is clearly focusing on other means to ease policy.” 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 WH adviser Hassett: June to be turning point in US employment FX Street 3 years Today’s monetary policy account signals the ECB stands ready to do more but amidst all the uncertainty, it is difficult to see ahead. More easing measures will likely be introduced in June, analysts at Nordea brief. The EUR/USD pair largely ignored this statement. Key quotes “While it was clear that the short-term inflation outlook had deteriorated, the medium to longer-term outlook was more ambiguous and some Governing Council members even pointed to upside risks.” “The flexibility of the pandemic emergency purchase programme (PEPP) was emphasized but not everybody was enthusiastic about the flexibility. Such voices most likely remain in minority for… 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.
