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Draghi to discuss ECB bond-buying; euro falls

Apr. 15, 2015 3:45 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor4 Comments
  • With some economists already crediting the eurozone's €60B/month stimulus program with spurring growth, Mario Draghi is expected to endorse a continuation of the campaign today at a meeting of the ECB's Governing Council.
  • A survey published on Tuesday by the central bank indicated that lending was increasing in the eurozone after years of tight credit - one of a number of measures signaling growth momentum in the region's economy.
  • The euro is down on the news, 0.7% lower at 1.0583.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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