Another Reuters poll just published 19 Jan
- 90% of 70 respondents see QE over by year-end
- ECB should finish QE by end Sept say 80%
- 20% say QE should finish much earlier
Judging by recent ECB comments I don't see it happening anytime soon as caution prevails even if they should.
- EZ inflation to average 1.5% in 2018 and 1.6% in 2019 vs 1.4% and 1.6% prev Dec poll
Inflation remains a real issue for Draghi & Co as wait on their next deliberations on 25 Jan.
Meanwhile EURUSD 1.2255. EURGBP 0.8931 EURJPY 135.47 all a tad lower again.
Could we yet threaten option interest at 1.2200 with just over an hour to go? Watch this space
Draghi to conduct a QE finish this year?