Review… ECB’s Asmussen: “ECB prepared to act again” If the economic development continues in the EU, it is certain that the ECB will continue its easing phase. By now, Draghi, Asmussen and Weidmann have announced that further easing is in the offing. So, if economic indicators continue to decline, we will either see interest-rate cuts or new LTROs or something entirely different. EUR: The German industrial orders surprised positively. This made DAX and EURUSD increase. After an appreciation
