Market Comment | A bullish week for the EUR
Published on Friday, January 26, 2018
Market Comment | A bullish week for the EUR
As expected, the ECB maintained its monetary policy stance (see statement), although the GC showed concerns over the recent EUR strength (see BBVA ECB watch). Mr Draghi criticised the strategy of targeting the currency followed by other countries (see). After the meeting, the EUR breached the level of US$1.25. Draghi’s comments on the recent inflation […]
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