The European Central Bank (ECB) has lowered interest rates again on Thursday. What this means for the financial markets and what the expectations are for the coming months, Joost Derks, currency expert at iBanFirst, tells presenter Eric de Lijster in a new Boerenbusiness Currency. The interest rate cut also had a direct effect on the euro/dollar and euro/pound rates. Derks also gives his vision on the upcoming interest rate decisions of the American central bank Fed and the Bank of England, as well as the impact of the upcoming American presidential elections.
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