In an interview with the Eurofi Magazine, European Central Bank policymaker and Finnish central bank chief Olli Rehn said that the bank’s easing measures would work as a package “with significant complementarities across the different instruments.” “We can push the policy rate into negative territory, employ forward guidance on the future policy path, purchase a significant stock of assets from a variety of asset classes to lower yields and offer banks targeted loans to ease their funding costs,” Rehn said, as reported by Reuters. Rehn’s comments were largely ignored by market participants and the EUR/USD pair continues to trade in the upper half of its daily range near 1.1030, adding around 0.5% on the day. 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 Incoming ECB president Christine Largard says the bank needs to be open to the “opportunities provided by change” when referring to cryptocurrencies FX Street 4 years In an interview with the Eurofi Magazine, European Central Bank policymaker and Finnish central bank chief Olli Rehn said that the bank's easing measures would work as a package "with significant complementarities across the different instruments." "We can push the policy rate into negative territory, employ forward guidance on the future policy path, purchase a significant stock of assets from a variety of asset classes to lower yields and offer banks targeted loans to ease their funding costs," Rehn said, as reported by Reuters. Rehn's comments were largely ignored by market participants and the EUR/USD pair continues to trade… 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.
