So say sources speaking to Reuters
The Macron victory is a relief for the ECB
No change expected but a language tweek is likely in June
Some or all reference to "prevailing downside risks" to the outlook may be taken out
Reference to further possible rate cuts or larger QE purchases may be removed also
One source says all that might be data dependant
There's your lift in the euro. It's a bit of an 'ifs and ands' story but it's sent EURUSD into 1.0900 and to a 1.0918 high.
