EUR/USD nosedives on rumours of a negative ECB deposit rate.
On Wednesday, the stalemate in EUR/USD was unlocked. The euro was hit hard on rumours that the ECB is considering a negative deposit rate. Later in the session, the Fed minutes kept the door open for tapering asset purchases in the coming months. The dollar gained further ground. EUR/GBP is nearing the key 0.8300 mark.
Read the full report: FX Daily
KBC