Draghi Delivers A Big Package And Makes A Big Mistake

Mar 10, 2016 at 3:58 PM EST

The ECB did quite a lot in terms of new stimulus, with moves ranging from the expected ones such as deposit rate cut through significant beats of expectations to big surprises such as cutting the main lending rate. (Video Length: 00:07:12)

The ECB did quite a lot in terms of new stimulus, with moves ranging from the expected ones such as deposit rate cut through significant beats of expectations (33$ more QE) to big surprises such as cutting the main lending rate. All this was enough for a 150 pip fall in the euro but it all turned around with a 300 pip rally from the bottom. We talk about the decisions, the developments and the levels in the euro. In addition there is a short preview to the upcoming events.

Video Length: 00:07:12

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