OctaFX | OctaFX Forex Broker
Open trading account

ECB's Draghi: ECB ready to use additional unconventional tools

FXStreet (Bali) - ECB Draghi headlines are crossing the wires, via Reuters, noting that the ECB is ready to use additional unconventional instruments within mandate and alter size or composition of unconventional interventions if necessary.

Additional headlines - Reuters

"Unacceptably high unemployment" and weak credit growth likely to curb euro zone recovery

Heightened geopolitical tensions could dampen business and consumer confidence

Sanctions on and by Russia have had limited spillover effects on euro zone economy so far

Risk of insufficient structural reforms could weigh on business environment

Draghi says he does not expect japanese-style deflation in euro zone, situation is different

MAS to leave policy steady in Oct - ANZ

ANZ is looking for the Singaporean Monetary Authority MAS to leave its current policy stance unchanged in October.
Read more Previous

EUR/USD heading towards 2013 lows at 1.2745 on Draghi's comments

EUR/USD is on the backfoot as it dipped towards current Asian low at 1.2765 after having opened at 1.2780; the pair is vulnerable to a further move lower as there are no sights that bears are exhausted.
Read more Next
Start livechat