ECB EURO Interest rate cut

Discussion in 'Forex' started by irniger, Apr 27, 2013.

  1. irniger


    ECB is expected to lower the interest rate to 0.5% from 0.75% next week on Thursday May 5. What effect on the EURUSD will this have in your opinion.

    As a reminder: The rate lowerings of 07/11/12 and 12/14/11 and 11/09/11 had hardly any effect. Only the rate increase of 07/13/11 made the EURUSD gap up.

    Thanks for your inputs.

  2. toolazy


    eu is real bad. when you see this kind of things happening there, one is assured problems are real and deep

    only easy solution is to print, so it will happen.

    expecting euad descent to 1.0000 and possibly below.