Market Comment | The euro jumps as Draghi hints at further steps in the autumn
Published on Thursday, July 20, 2017
Market Comment | The euro jumps as Draghi hints at further steps in the autumn
The EUR appreciated strongly, after Mario Draghi said that in the autumn the GC will address the parameters of the PSPP, hinting at a tapering announcement in the autumn. However, German yields swung during the ECB’s press conference (see), ending broadly unchanged in the day, while peripheral yields declined as the ECB president suggested the […]
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