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Tough to envision dovish surprise from the ECB - Credit Agricole

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Credit Agricole sees more US dollar gains When it comes to the ECB there is limited scope of a more dovish than expected outcome. If anything central bank Draghi should leave all options regarding a more aggressive stance open if needed. This is regardless of medium-term inflation expectations as measured by 5y inflation swaps remaining close to historic lows.

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