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14.12.201801:04 Forex Analysis & Reviews: What did the ECB decide?

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This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

What did the ECB decide?

On December 13, the ECB announced its decision on monetary policy.

The ECB is completing this month its record program of injecting liquidity into markets with a volume of 2.6 trillion euros.

Rates will remain at record low levels until at least the summer of 2019.

The ECB is concerned about the worsening economic situation: the ECB's forecast for growth in the eurozone lowered to +1.7% in 2019 from +1.9% growth in 2018, reduced the inflation forecast to +1.6% in 2019

The euro fell (moderately so far) on ECB decisions.

Exchange Rates 14.12.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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