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QE, the ECB says how, but not how much… - BNP

FXStreet (Barcelona) - Analysts at BNP Paribas explained that at today’s meeting the ECB unveiled details of its asset-purchase programs.

Key Quotes:

“Markets were rather disappointed, mainly because the ECB remained rather vague regarding the size of the programs”.

“Still, President Draghi was crystal clear regarding its commitment to maintain price stability, claiming that the ECB is ready to do more if needed”.

CAD and crosses in a technical snapshot - TDS

Analysts at TD Securities explained the Canadian dollar and crosses form a technical perspective.
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EUR/USD hit fresh highs, approaches 1.2700

Stocks recovered ground in Wall Street, weakening the US dollar. EUR/USD rose to 1.2697, reaching a fresh daily high. The pair pulled back then and it was trading around 1.2670/75, 65 pips above yesterday’s closing price.
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