REUTERS POLL : ECB WILL CUT THE DEPOSIT RATE TO -0.60% IN QUARTER 1 2020.
Key Notes :
- ECB will cut the deposit facility rate to -0.60% in Q1 2020.
- ECB to end its latest asset purchase programme within 2-5 years -economists.
- A 3-month forecast for EUR/USD is 1.0700 – 12-month forecast is 1.1200.
- Euro zone inflation seen at 1.2% in 2019, 2020 (vs 1.3% in 2019, 2020 in sept poll).
(kedaitrader.com)
Impact : Medium
Sentiment : Bad for Euro
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Key Notes :
- ECB will cut the deposit facility rate to -0.60% in Q1 2020.
- ECB to end its latest asset purchase programme within 2-5 years -economists.
- A 3-month forecast for EUR/USD is 1.0700 – 12-month forecast is 1.1200.
- Euro zone inflation seen at 1.2% in 2019, 2020 (vs 1.3% in 2019, 2020 in sept poll).
(kedaitrader.com)
Impact : Medium
Sentiment : Bad for Euro
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