Analysts at Rabobank explained that the actions of European governments will also determine what path the ECB will take next. Key quotes “We have seen a first step in this direction in the Netherlands, for instance. And discussions in Germany are ongoing. But the extent to which Eurozone governments actually follow through with support for the economy, will also affect the short to medium term outlook for ECB policy.” “Moreover, Mr. Draghi noted that the one thing all successful monetary unions have in common is some form of central fiscal capacity.” “Whether European leaders will manage to create enough unity and support for a central fiscal institution will be crucial for Lagarde’s options going forward.” 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 Bitcoin Cash technical analysis: BCH/USD range block is subject to a big breakout FX Street 3 years Analysts at Rabobank explained that the actions of European governments will also determine what path the ECB will take next. Key quotes "We have seen a first step in this direction in the Netherlands, for instance. And discussions in Germany are ongoing. But the extent to which Eurozone governments actually follow through with support for the economy, will also affect the short to medium term outlook for ECB policy." "Moreover, Mr. Draghi noted that the one thing all successful monetary unions have in common is some form of central fiscal capacity." "Whether European leaders will manage to create enough unity… 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.