News

All Eyes on ECB's Decision on QE Bazooka

January 22, 2015 at 8:38 AM

• Sterling slides as MPC members all vote against interest rate rise
• Sources report ECB to unleash huge QE injection of €500 Billion
• Dollar comes close to 11 year high versus single currency
• Loonie gives up nearly 3% vs pound as BoC lowers interest rate

Tags: ECB Loonie