5 Mar 2015
ECB forecasts assume 2015 EUR/USD rate at 1.14
FXStreet (Mumbai) - The European Central Bank forecasts assume the EUR/USD exchange rate at 1.14 in 2015, 1.13 in 2016, and 1.13 in 2017.
On bond purchases, the bank states there will be no primary market purchases of bonds and notes due in a year are not eligible under the QE program, while European Investment Bank (EIB), European Union (EU), European Stability Mechanism (ESM), and European Financial Stability Facility (EFSF) are all eligible for QE purchases.
On bond purchases, the bank states there will be no primary market purchases of bonds and notes due in a year are not eligible under the QE program, while European Investment Bank (EIB), European Union (EU), European Stability Mechanism (ESM), and European Financial Stability Facility (EFSF) are all eligible for QE purchases.