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What To Expect From ECB? - Views From 20 Major Banks
The following are the expectations for today's ECB April policy meeting as provided by the economists at 20 major banks along with some thoughts on the EUR into the event as provided by the FX strategists at these banks. Morgan Stanley: The past two ECB meetings have caused rapid declines of EURUSD on the day..Our economists expect a discussion of the first few weeks of the ECB’s purchase programme, with the bank confirming its intention of EUR60bn of QE a month. Any mention of the EUR during the press conference will be closely watched. Deutsche Bank: ECB President Draghi seems likely to express guarded optimism ... (full story)
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