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ECB to offer more this week? - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysts at Brown Brothers Harriman explained that the ECB will not unveil new initiatives next week, but will likely offer some more details of its new stimulative measures.

    Key Quotes:

    "There is some risk that Draghi may note that the euro's strength is counter-productive, which would also lend credence to our understanding that 1) there was no secret agreement to drive the dollar down in Shanghai and 2) policymakers in Europe and Japan are as surprised and frustrated with their currencies' strength."
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