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Market Comment | EUR dropped after change on ECB guidance in next meeting was played down

Published on Tuesday, January 16, 2018

Market Comment | EUR dropped after change on ECB guidance in next meeting was played down

The EUR and European bond yields declined across Europe, after talks said that the ECB is unlikely to change its stance at the next meeting. As a consequence, the prospects of an early change in forward guidance (see) were played down, offsetting partially the recent hawkish investor sentiment. Nonetheless, ECB comments on QE exit strategy […]

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