The European Central Bank meet on monetary policy Thursday 10 March 2016
Preview & EUR outlook from Bank of America / Merrill Lynch
This is via eFX, more bank analysis and trade re commendations there
Ahead of Thursday’s ECB meeting, our call has not substantially changed from four weeks ago. We think moving away from the capital key-which in our view would be
the ideal option-remains politically controversial and would push the
holding threshold beyond 33%. Buying below the deposit rate is the most
technically elegant and least politically sensitive solution and is thus
our baseline.