Free Trial

Rate immediately slips to touch.........>

EURO-DOLLAR
EURO-DOLLAR: Rate immediately slips to touch $1.1203 before bouncing, rallying
well north of pre-announced levels in immediate post-decision choppy markets.
ECB kept rates unchanged, but guidance revised to "at least through the first
half of 2020", clarifying in a clumsily worded statement that TLTRO rates could
be as low as deposit rates +10bps if lending criteria is met, or as high as refi
rate +10bps if lending criteria is not met.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.