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EUR/USD volatility: ECB governor challenged - FXStreet

FXStreet (Guatemala) - Market quietness was interrupted by London close by a news released by Reuters again quoting “ECB sources”.

Key Quotes:

“The Central Bank will have its monthly governing council meeting next Thursday, but central bankers across the EU are said to have planned to challenge chief Mario Draghi over the way he handles communication inside and out the Council, particularly when it comes to expose secret points, (exactly the same those “sources” are doing with this) or work out inner consensus”.

“For investors this means less chances of further easing in the EU, triggering a EUR recovery against most rivals: the EUR/USD surged to a fresh weekly high of 1.2577, having slowly retreated from it over the American afternoon”.

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