Trading Forex and CFDs is risky

ECB will give time timely signal if QE extended

Market Analysis
European Central Bank with Euro Sign, Frankfurt
Nowotny: ECB will give “timely” signal on possible QE extension. The Austrian central bank repeated that its too early to have a clear view on a Brexit response, which effectively confirms that the central bank is still in wait and see mode, and monitoring the fallout of the referendum.
It is likely that at the very least QE purchases will be extended and that the pool of assets will be tweaked again. According to a Reuters story ECB is not considering abandoning restrictions on how much each government’s paper the bank can buy.There is pressure to do is as the low supply means that the ECB’s QE target is harder to reach.
Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! The next webinar will start in:

Janne Muta

Chief Market Analyst

HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information presented here.