The euro has drifted back to 1.3190 after rising as high as 1.3210 on a report, citing ECB sources, saying that Draghi & Co are unlikely to take new action at next week’s meeting. The fade underscores the market’s appetite … Continue reading
Comments from Manuel Valls: Says the euro is overvalued Europe has room for more stimulative fiscal policy France needs to cut public spending but the pace can be discussed due to current “exceptional” circumstances
That’ll be more easing then Japanese PM Abe’s advisor out on Reuters Japan should drastically cut corporation tax to around 25% to attract investment sales tax hikes in 1% stages is an option USDJPY unfazed at 103.90
19-month lows of 1.2071 just posted Let’s see if the SNB have any interest down here. Has been talk of bids at 1.2060 as we’ve reported here but unsubstantiated.
Currently 0.9329 having capped at the 0.9335 offers that we highlighted yesterday as well Sellers 0.9335 0.9345 0.9350-60 0.9375 0.9400-10 Buyers 0.9300 0.9270-75 0.9250 0.9225-35 0.9200-10 (stops below)
says he’s “fully confident” the ECB will deliver must be aware of deflation risk in Eurozone Former ECB president Trichet speaking on CNBC. Headlines on Bbg EURUSD 1.3173 after capping at 1.3181
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