2021-12-16 16:06
Market analysisEUR/USD
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The euro reversed earlier losses against the US dollar on Wednesday, after the US Federal Reserve sait it would end pandemic-era bond purchases in March, as investors awaited imminent decisions from other major central banks. Later today, the ECB officials are set to call time on the central bank’s Pandemic Emergency Purchase Programme but investors will look to see how the si-year old Asser Purchase Programme may pick up the slack, though rate rises are a way away.
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EUR/USD
Cyprus | 2021-12-16 16:06The euro reversed earlier losses against the US dollar on Wednesday, after the US Federal Reserve sait it would end pandemic-era bond purchases in March, as investors awaited imminent decisions from other major central banks. Later today, the ECB officials are set to call time on the central bank’s Pandemic Emergency Purchase Programme but investors will look to see how the si-year old Asser Purchase Programme may pick up the slack, though rate rises are a way away.
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