The European Central Bank's Coeure has crossed the wires with statements made in a speech on 'The Single Currency: An Unfinished Agenda'.
Full press release
Nothing here to divert the attention away from expectations of further easing from the ECB and weakness in the euro on a longer-term outlook. However, the US dollar has taken a knock of late which is a supporting factor for the single currency. DXY meets critical support at 97.70 and has pierced the level to a low of 97.64. EUR/USD has subsequently extended the Dec rally from around 1.10 the figure to a fresh high of 1.1093 from 1.1066 lows on the day.
Tag：ECB | EURUSD | CentralBanks
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