Interest Rate went down to 0.0.. Deposit Rate lowered to -0.40. an additional 20 Bil Eur to -QE-. Interest Rate to remain at present or lower levels for an extending period of time. ECB really trying to provide liquidity & lending. Committee is also going to REALLY look into financial companies, not banks. I would have entered earlier but I was snoozing unfortunately.. =/ -USD- Core CPI expectations is down for next week. I also expect a Hawkish tone from FOMC next week
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Also the financing rate was lowered
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155 pips =) still in it with tiny amount of chips
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USD news expectations could most Certainly bring it down. Note I expect a hawkish tone soo be care trading USD 3 hours b4 the FOMC this wednesday.
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wedge formed & USD has bad news expectations.. however I expect a hawkish tone from FOMC..which happens a few hours after the Core CPI
