Euro rate is swinging, German constitutional court judges that some ECB actions are against the constitution
The German Constitutional Court ruled that some actions against the ECB’s QE were against the constitution, 7-1. It is also reported that the ECB will be ordered to correct the QE within three months. The Eurodollar, which had once fallen to the 1.0885 level and had an advantage in sales before the announcement, rebounded to […]
Sell EURUSD, EUR gonna be week!
To Take On Coronavirus, B.O.E. Cut Rates. Europe’s Central Bank Has Fewer Options.Christine Lagarde, the bank’s new president, is facing her first big crisis. She doesn’t have much room to maneuver. The Bank of England launched an unexpectedly powerful attack on the economic effects of the coronavirus Wednesday. Now it’s the European Central Bank’s turn.Christine […]