💶 ECB Expands Euro Backstop Globally! 🌍
The European Central Bank is opening its euro liquidity repo lines to central banks worldwide! 🏦
Strengthens the euro as a global reserve & funding currency 🌐
May reduce FX volatility ⚖️
Could boost demand for euro‑denominated assets 📈
A big move for euro confidence and global markets! 💹
📌 Source: Reuters�