Today is ECB turn to hit the front stage, after RBA, BOE and yesterday BOC interest rate decision. Every now and than ECB meets outside of Frankfurt and today's meeting will be held in Cyprus. The market consensus is that ECB isn't going to make any monetary policy changes, however ECB more likely is going to release the execution details of the QE programme.
There are already some rumors in the market that gives highs odds that: "ECB may start buying securities as part of its QE programme on …
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