The euro is jumping up and down after the ECB cut its deposit euro by 10bps, as expected. Other rates were left unchanged. At the same time, the ECB will relaunch its bond buying programme with monthly purchases of 20 billion EUR, which is less than expected (30 billion EUR). The new round of QE is going to start on November 1. Moreover, the ECB decided to introduce a so-called tiering system which could ease downward pressure on bank’s profitability.
Summary: GBPUSD set for biggest 2-day gain in a decade CAD jumps as jobs data beats forecasts Indices at to recent gains on trade...
1:36 PMThere’s been a clear move higher seen in the Canadian dollar in recent trade with the Loonie jumping across the board after the release of the latest...
11:18 AMSummary: Bitcoin breaks down below $8600 Mayhem related to US-China trade talks as well as Brexit turmoil have supported digital coins SEC rejects...
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