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Draghi and RBA to hold firm – Lloyds Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at Lloyds Bank, expects the ECB chief Draghi and RBA to hold firm.

    Key Quotes

    “ECB President Draghi is expected to reiterate his readiness to counter adverse growth and inflationary pressures in his address to the European parliament.

    After 50bp worth of cuts in 2015, the RBA is expected to leave the cash rate at 2.0% on Tuesday. However, it may leave the door open for another cut later in the year.”
    For more information, read our latest forex news.
     

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