Draghi to downtalk the euro? - Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Sean Callow at Westpac notes that Draghi may need to downtalk the euro after the ECB announcements.

    Key Quotes:

    "ECB president Draghi must have scrambled out of Frankfurt after the policy meeting as he is due to speak to economists in New York at 11:45am local time.

    He is unlikely to be pleased by the scale of the rise in Eurozone bond yields and the euro so may attempt to play up the prospect of further action in 2016 and of course to stress that policy was actually eased on Thursday."
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