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Draghi’s speech: Inflation forecasts 'by and large what they were before'

Additional headlines floating the wires from the ECB President Draghi, as he winds down the presser.

Asked about a shorter timeframe for reinvestment, says won't speculate on timeframe, will continue to reflect on it.

ECB has instruments to address any future downturn.

Decision on reinvestments was unanimous.

Inflation forecasts 'by and large what they were before'.

We didn't have to discuss restarting net asset purchases, because our base line is still valid.

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   •  The cross faced rejection near 100-day SMA and erased daily gains following a downward revision of the ECB's growth/inflation forecasts.    • 
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USD/JPY moves beyond mid-113.00s, over 1-week highs

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