EUR Tumbles on Dovish ECB, US NFPs in the Limelight

The euro tumbled yesterday after the ECB decided to push back its interest-rate guidance, officially announced a new round of TLTROs, and slashed its economic projections, keeping its growth risk assessment to the downside. As for today, investors may lock their gaze on the US employment data for February. Expectations are for a strong report, which could encourage market participants to place some bets with regards to a Fed hike this year.

ECB Pushes Guidance Back, Announces New TLTROs



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