American focus : the dollar fell against the euro

The euro exchange rate against the dollar has increased markedly , thus restoring all previously lost ground, which was associated with comments Vice President of the ECB Vitor Constancio , who said that the possibility of introducing a program of QE by the Central Bank in order to stimulate growth in the euro zone has not been discussed in the Governing Council, but it was mentioned as potential options .

Note that the ECB has not wanted to use the bond purchases as a means of stimulating growth , but Peter Ready , chief economist at the central bank , in an interview last week said that they are possible . " The balance of the central bank can also be used ," - he said.

Meanwhile, Constancio also said that he had nothing to add to what I said ECB Governing Council member Peter Praet on the matter, namely, that the Central Bank may start buying assets in order to raise the current level of inflation to the target level of 2%.

"It was only mentioned as a possibility , nothing more ", - assured Constancio , adding that the decision to start talking about the introduction of QE is based on the opinion of the Governing Board regarding inflation and its prospects . "

In addition, the vice president of administration was concerned about the possibility of negative interest rates on deposits , recognizing , however, that " any political solution always has its pros and cons. There is no perfect solution, there is always a difficulty . "

The pound strengthened against the dollar , rising at the same time to the maximum session , due to the expectations of tomorrow's publication of minutes of meetings of the Bank of England. It should be noted that during the last meeting of the Bank of England did not bring any surprises markets , leaving the key lending rate at a record low 0.5 %, where it has been since March 2009 , while the purchase of assets remained at £ 375 billion the central bank announced its intention to keep rates low for as long as the rate b / d in Britain will not fall below 7% , which is not expected before 2016.