ECB’s Measures Aimed at Credit, Not FX - Euro Gains Breathing Room

It’s clear that the European Central Bank is less concerned with the Euro exchange rate (broadly speaking) after its latest round of stimulus efforts. Rather, the ECB is hoping that its measures to reduce credit risk will help stimulate lending. Whether or not the measures work is an entirely different story.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2016/03/13/ECBs-Measures-Aimed-at-Credit--Not-FX---Euro-Gains-Breathing-Room.html?DFXfeeds=forex:fundamental:forecast:weekly:eur