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ECB: No bones made for weaker EUR - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that the ECB has made no bones about a weaker euro.

Key Quotes:

"This is an important element in the effort to reflect the regional economy, and help re-anchor inflation expectations."

"Swiss officials have made it clear too that it will not allow the Swiss franc to strengthen much against the euro. Some Japanese officials, including Prime Minister Abe, and earlier today, Cabinet Secretary Suga, have tried to either slow the yen's descent or demonstrate that fundamentals, not verbal intervention, are the main driver of the yen's weakness."

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