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ECB ECB ECB! 12.45pm Decision time… - Investec

FXStreet (Delhi) – Research Team at Investec, questions that will Draghi cut the deposit rate further, or announce amendments to the ECB QE program?

Key Quotes

“Economists are expecting 0.1% cut to the deposit rate and more QE to be announced. If such measures are confirmed the single currency could be in for a rocky ride this afternoon and we’ll be expecting significant volatility. The interest rate announcement will be at 12:45, with a press conference to follow with further details at 13:30.”

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