Currency Note Worldwide

ECB decision dominates everywhere

By Ricky Bean December 4th, 2015

Very rarely does an event surprise the markets so much that it dominates currency movements across the world but this was the case with the European Central Bank’s increase in their quantitative easing programme being very much less than expected. Those currencies more closely aligned with the euro strengthened and those more aligned with the US dollar weakened. Very simple and we wait to see what happens today as currency markets try and digest yesterday’s events.