EUR/USD: Central banks have more bullets

ECB removes limits to bond-buying in each member state while US Federal Reserve Chief Powell said the US may already be in recession, Valeria Bednarik  |  26/03/2020 14:39

ECB removes limits to bond-buying in each member state while US Federal Reserve Chief Powell said the US may already be in recession, Valeria Bednarik from FXStreet informs.

Key quotes

“US Fed’s Chair Jerome Powell was on the wires this Thursday, saying that the Federal Reserve is not going to run of ammunition, hinting additional easing is available if needed.” 

“The ECB has started its bond-buying program, changing the usual limits. In a legal document released today, the central bank announced that the limit to a third of each of its member states’ debit, should not apply.” 

“US unemployment claims jumped to 3.28 million for the week ended March 20, breaking all charts, although the news barely affected currencies.”

 

Share

Popular News

Show More Popular News

Market Insight's Views

Market Insight analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for Market Insight viewers

Back

Login to Market Insight Account

Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

Create a Market Insight's Account

Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to Market Insight family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@marketinsight.com