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Aggressive ECB action to come?- Societe Generale

FXStreet (Guatemala) - Sebastien Galy, Senior FX Strategist at Societe Generale suggested that aggressive ECB action could create a USD move but that is a less likely trigger.

Key Quotes

“I would really not under-estimate the willingness of the ECB to hammer the EUR though they may just continue and observe the lagged impact of their last rate cut."

Will Draghi disappoint? - FXStreet

Alberto Muñoz, Ph.D, Forex Analyst at FXstreet, shares his view on the upcoming ECB policy meeting this Thursday, noting that any hint by Draghi that they are preparing a QE programme to buy sovereign bonds will sink the Euro.
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AUD/USD: Buyers defend 0.8660 ahead of busy Aus calendar

AUD/USD has been correcting higher off 0.8660 key support, with the recovery reaching a wall of offers just ahead of 0.8750 ahead of a buys day on the Australian economic calendar, including building approvals, Aust TD Inflation, HIA New Home sales, trade Balance and the RBA annual report.
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