The ECB will likely keep rates unchanged while also holding off on further unconventional policy measures at its January meeting on Thursday, said Amelia Bourdeau, director of FX at Westpac in an interview with CNBC. "The main reason the ECB is going to remain on hold is because risk premium has lessened. There has been an ongoing risk-rally in the currency market and equities and that gives the ECB some time, as well as the fact that the peripheral bond yields have been coming in lower," she clarified. Against these factors, the euro is set to come under pressure as the European economy is already stagnating ... (full story)