ECB Does The Expected

You didn’t need a chart that told the future to guess what would happen when the European Central Bank made the interest rate decision today. As expected the ECB left all interest rates unchanged including the main refinancing operations at 0,00%, the marginal lending facility at 0.25% and the deposit facility at -0.50%.   But […]

Will ECB Cut Rates? Survey Says No

Before I get into forex news I will start off with some development from yesterdays story. Yesterday saw electric car and battery manufacturer Tesla run out of power with no charge station in site. After tanking to its biggest one day fall in its history losing almost 34% after being snubbed by the by the […]