What will the ECB do?

Review: We have noted that interest rates in the US as well as the EU are trading more or less sideways. The reason for the hesitant trade is the ECB meeting today and that on Friday the important non-farm payroll data will be released in the US. The equity market lost momentum yesterday and fell slightly. At the same time EURUSD turned around, which happened following the poorer-than-expected Spanish auction. Poland lowered its interest rate by 0.25% to 4.25%. Subsequently the central bank

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What will the ECB do?

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