Thursday, December 04, 2008
The ECB is expecting to cut their benchmark rate by 50 bps today
according to a Bloomberg survey. However, the slew of dour financial
data that has cross the wires recently including a record low reading
in the service sector and a 0.8% decline in retail sales, has raised
hopes for a deeper cut.Fundamental OutlookThe
ECB is expecting to cut their benchmark rate by 50 bps today according
to a... [read more]
posted by forexgentrade,
in ECB, forex, ForexGen Academy
@ 9:56 PM,
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