Draghi: ECB ready to take additional action of needed
From fxstreet.com
Short-term real rates to become more negative Euro area crisis not over Small firms risk losing funds access without policy action Need policies to build capital markets Urges banks to clean up balance sheets EUR/USD tests important support at 1.3750 and is now bouncing, at 1.3750. Given the dovish talk from three governing council members today, these latest comments are icing on the cake.
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