According to ECB President Christine Lagarde
“The Board has fully agreed that further action is needed, and readjustment was the right approach. The economic easing situation depends on the pandemic, the pace at which it spreads, the containment measures taken, and the fiscal response. Respond flexibly. It is clear that the current situation should be readjusted. “
It is assumed that the situation where it is easy to borrow due to down pressure on the EUR will continue for the time being.
Currently, the power balance in 5 minutes is
USD> AUD = JPY = NZD> CAD> CHF> EUR> GBP