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Risk of bounce in EUR - TDS

FXStreet (Guatemala) - Analysts at TD Securities expectations from Draghi see a bounce in the EUR.

Key Quotes:

“Yellen was not dovish enough to satisfy a market that’s neutral to long treasuries and push risk sentiment higher like we’ve seen out of the last several Jackson Hole meetings”.

“But with nothing terribly new from Yellen, focus now turns to ECB President Draghi’s speech at 7:30pm BST/2:30pm EST. And here we see the risk of a bounce higher in the EUR, as we worry that market expectations may be overdone for hints of further stimulus from Draghi”.

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