EUR

The European Central Bank has decided to turn back towards the stimulus programme. They have declined Interest Rates and announced new round of QE programme in order to provide economic and inflation expectations growth. The volume of QE programme will be 20 billion euro.

The head of the ECB has mentioned that the the latest data releases underlined the risks for the economics and inflation. ECB declined their economic forecasts. Euro declined sharply after the announcement of the results pf the ECB meeting.