ECB cuts the benchmark rate by 25bps to 0.25%, a new record low. This was not a complete surprise as the market rumors about LTRO and rate cut already pressured the EUR last week. This week EUR/USD and EUR/JPY have been consolidating (but no significant bullish correction).
11.55 PM Nov 7th
the LTRO allotments,the ECB added.Banks have the opportunity torepay additional LTRO fundseach week, on a day thatcoincides with the settlementdate of a main refinancingoperation. Counterparties mustinform their respective nationalcentral bank, giving one week`snotice of the amount they wishto repay
4.42 PM May 10th
ramsonji..i guess that we are coming to a temporary pause in the fall..sukhani gives target of 5500 and citi guys trying to put fear in to people saying furher fall likely coz of LTRO/ QE3..let us see what the chart makers do within today or tomo
10.28 AM Feb 26th
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