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ECB balance sheet ready to soar after rate cuts

by Ashraf Laidi
Sep 4, 2014 18:41

EURUSD plunged 1.6%, its biggest percentage day decline since October 2011 as the ECB cut interest rates on all three main rates and announced its ABS purchases. See what we said about EURUSD, EURCAD and EURAUD yesterday then check out today's charts. Full charts & analysis.

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ECB balance sheet ready to soar after rate cuts - Ecb Balance Sheet Eurchf Sep 4 (Chart 1)

 
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