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Draghi speech is the main event today - Rabobank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Michael Every, Head of Financial Markets Research at Rabobank, suggests that today's main highlight is going to be comments from the ECB's Draghi.

    Key Quotes

    “We will be looking for hints about what lies ahead in terms of European monetary policy if, as seems very likely, deflationary threats are increasing. Arguably we already know what the answer is - a further cut in rates into negative territory and more QE - but the focus will be on how he can sell that as something new and something positive when the Japanese failed so badly to do the same thing so recently.”
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