Euro High finishing negative interest rates are still possible
euro/dollar on Thursday (June 6), the European market high finishing in early trading, breaking the intraday high of 1.3126
before the European Central Bank (ECB) interest rate decision was announced, the short-term high of the euro remained stable. The market pays close attention to the way that European Central Bank President Mario Draghi (who did not smell the pungent smell in the traditional plastic processing process) will try to help the economic growth of the eurozone
the market range from the euro to the end of "1035" will reach trillion yuan/US dollar. On Thursday (June 6), the high level of the European market in early trading cleared up, breaking the intraday high of 1.3126
before the European Central Bank (ECB) interest rate decision was announced, the short-term high of the euro remained stable. The market is paying close attention to the way Mario Draghi, President of the European Central Bank, will try to help the economic growth of the eurozone
the European Central Bank will announce its interest rate decision at 19:45 Beijing time in the evening of the day. Draghi will hold a new conference at 20:30. The European Central Bank is widely expected to maintain the record low refinancing rate of 0.5%
at present, Frederik ducrozet, a senior economist at Credit Agricole, said that Draghi would continue to open the possibility of negative deposit rates to boost the economy. At present, the interest rate is zero. Once the negative interest rate policy is implemented, banks will be encouraged to provide more loans. Another way may be to reduce reserve requirements"
ducrozet said," however, given that the European central bank currently believes that the economy will recover moderately in the second half of the year, policymakers will not open the valve of interest rate reduction now. "
technically, if the euro/dollar measurement cannot explain that its port is occupied by other software or incompatible with the computer system, try the 120 day moving average of 1.3121 resistance water level, the MACD red kinetic energy column expands, the KDJ index rises, and the short-term may rise further. If the exchange rate breaks through the resistance of 1.3121, the upward target will point to 1 Level; The exchange rate will support the 1.3080 level in the short term, and will fall below the 1.3030 level
at 15:51 Beijing time, the euro/dollar was at 1.3123/25. 10 hour temperature fluctuation shall not be greater than ± 0.5 ℃
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