Friday, 5 July 2019

German New Orders Slump Raises Likelihood of Further ECB Stimulus

The ECB is facing increasing pressure to take action in stimulating the economy rather than wait and see how things unfold. Slumping German new orders give evidence as to why action is needed.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...