Market Comment | The EUR kept rising after the ECB meeting
Published on Thursday, January 25, 2018
Market Comment | The EUR kept rising after the ECB meeting
As expected, the ECB meeting did not change its monetary policy stance, and forward guidance remained unchanged (see statement). The GC showed concerns over the recent EUR strength. Draghi stressed that if these developments lead to an unwanted tightening of their monetary policy, then they will have to rethink central bank monetary policy strategy. He […]
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