Euro: all is fair in war

The ECB actions sent the EUR/USD up to the highest level since early March

It is better to regret something you do than to regret something that you don’t do. The ECB has given the market more than it expected, extending the Pandemic Emergency Purchase Program (PEPP) by €600 billion to €1,350 billion. It also extended the scheme’s duration until June 2021, or until the bank believes the crisis is over. The payments from securities purchased under the PEPP will be reinvested until at least the end of 2022. According to Christine Lagarde, the emergency QE allows the regulator to…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>