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No surprises from Draghi this week, but… - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In view of analysts at BBH, President Draghi could deliver a dovish message at the ECB meeting on Thursday.

    Key Quotes

    “The ECB will not unveil new initiatives next week, but will likely some more details of its new stimulative measures”.

    “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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