Euro falls before announcement of results of

Euro falls before the announcement of the results of the ECB meeting

By 14:49 MSK pair EUR / USD
I dropped to the level of 1.0594
(0.59% decrease) a closing layer
1.0655. According to analysts, the European
the currency is losing ground because of another
the European Central
bank.

Today is the
ECB meeting, which announced
decision on rates. according to
According to information portals, the regulator
It left rates at the same low level
to 0.05%, as analysts had expected. what
As for other rates, economists
predict the rate on deposits
the level of -0.2%, a marginal rate –
around 0.3%.

"unrealistically
expect any changes in the program
repurchase assets so quickly. in any
case, the ECB is likely to repeat that
its actions depend on the statistical data".
– said Commerzbank strategist in London, Peter
Kinsella.

Investors expect that
ECB meeting today will raise the key
issues, including program
quantitative easing deflation
euro area, the dynamics of the GDP of the eurozone countries. At 15:30 MSK on Wednesday to begin
A press conference by ECB President Mario Draghi,
which is usually strongly influences the course
Euro.

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