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Some ECB policy makers are skeptical over effectiveness of QE - Bloomberg

According to a recent Bloomberg article, citing euro-area officials familiar with the matter, the ECB is reviewing the effectiveness of its corporate-bond buying program.

Key quotes from officials

Some policy makers have questioned whether large companies, which have the greatest access to bond markets, are using cheap cash to finance share buybacks rather than boost investments.

The ECB said in an emailed statement that it is “constantly monitoring the impact of its asset-purchase programs.

EUR/GBP rebounds from session lows near 0.8850

The better momentum around the Sterling has forced EUR/GBP to retreat from daily tops near 0.8900 the figure to the current area near 0.8860, or sessi
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EUR/USD could attempt a rebound to 1.1780/1.1800 – Scotiabank

FX Strategist at Scotiabank Eric Theoret noted the pair could re-test the 1.1780/1.1800 area in the near term. Key Quotes “Recent ECB media coverage
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