OctaFX | OctaFX Forex Broker
登录
开通账户
Back

Draghi could up the ante on QE - Yohay Elam

FXStreet (Łódź) - Yohay Elam, Analyst at Forex Crunch, doesn't see any ECB action today, as the impact of the measures introduced by the central bank in June hasn't become evident yet.

Key quotes

"Draghi could up the ante on QE, giving the notion that this is not a theoretical idea but rather a policy that could be implemented later in the year."

"This could push the euro lower."

"On the other hand, he could note that measures are beginning to reach the real economy and that more patience is needed."

"After the Bundesbank talked about wage hikes in Germany, this topic could be raised by reporters, but Draghi is unlikely to dive into it."

"All in all, Draghi would probably want to convey a message of confidence in the ECB's measures while having a weaker euro after this press conference. That may be hard, but not impossible."

EUR/GBP fails to rebound again

EUR/GBP opened the day at 0.7940, rose to 0.7947, and is trying to retreat at the moment.
了解更多 Previous

Czech Republic FX Reserves declined to €43.02B in July from previous €43.2B

了解更多 Next
开始在线聊天