Thread: FBS Holdings: ECB and euro under pressure (RBS)

RBS: ECB and euro under pressure
2010-11-24 09:13 |
Currency strategists at Royal Bank of Scotland Group Plc claim that the tough determination of the European Central Bank to remove monetary stimulus and reduce liquidity support for commercial banks is intensifying the euro zone’s debt crisis.

According to the specialists, the market will pressure on the ECB to ease its monetary policy that, in its turn, will negatively weight on the European currency.



Chart. H4 EUR/USD

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