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Mixed messages from the European Central Bank

Ricardo Evangelista by Ricardo Evangelista
June 8, 2019
in Economy, Forex, Markets, Opinion
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The Euro shed some of yesterday’s gains, as the markets digest Mario Draghi’s words, following Thursday’s ECB meeting. The European Central Bank gave mixed messages: rate cuts were excluded from the policy statement’s future guidance but during the public address that followed the meeting, Mr Dhragi, the President of the ECB, said that all cards will be on the table, including a new cycle of quantitative easing, should future developments so demand.

Photo by Mathias Konrath

Tags: ecbeuroMario Draghirate cutting
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Ricardo Evangelista

Ricardo Evangelista

Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.

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