Review: ECB surprises investors The ECB: As described on Wednesday, we clearly expected that yesterday’s ECB meeting would result in strengthening of EUR. This turned out to be correct. The ECB also showed most clearly that a stronger currency is far from being the most important one of the central bank’s concerns. Generally the following should be noted in yesterday’s announcement from the central bank (read more here): – No indications of discussion of upcoming interest-rate cuts despite
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ECB offers surprise to investors – EUR strengthens drastically