Euro Plunged as ECB Plans to Accelerate Bond Purchases

The euro was sold down as an ECB official indicated front-loading the purchase of QE. The single currency fell -1.48% against the US dollar and -0.54% against the pound. The pound was indeed under pressure following a negative inflation print in the UK.

Originally posted here: 
Euro Plunged as ECB Plans to Accelerate Bond Purchases

Leave a Reply