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What To Expect From ECB? - Views From 15 Major Banks
The following are the expectations for today's ECB meeting as provided by the economists at 15 major banks along with some thoughts on the EUR into the event as provided by the FX strategists at these banks. Morgan Stanley: It will take a decisive signal from the ECB to prevent EUR from increasing over the next few months, in our view. A roadmap setting out conditions under which the ECB would increase the size of the QE operation would help to prevent EUR from rising, but should the ECB provide little guidance regarding when and if it may consider enhancing its easing operations then EUR will likely move higher, ... (full story)
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