Thursday, December 04, 2008
EUR/USD:The
European Central Bank is widely expected to lower the benchmark
interest rate by 50bp to 2.75% from 3.25% as price pressures alleviate.
Falling commodity prices have certainly helped to taper the upside
risks for inflation, which should allow the central bank to ease policy
further as they carry out their one and only mandate to ensure price
stability.Trading the News: European Central... [read more]
posted by fxgentrader,
in European Central Bank, forexgen, Trading Support
@ 1:45 AM,
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