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Draghi to focus on QE tweaks and bank troubles in press conference - report

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    ECB sources cited in newswire report on Draghi - The ECB needs time to assess Brexit impact and the policy response A QE 'tweak' could be a relatively big event and hurt the euro. The ECB has pushed back against calls for loosening its capital key but it's running out of bond supply. Some loosening of standards would give them more options and drive down Eurozone yields (and the euro) but it depends on the details. But from the sound of this, it's certainty on the table.

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