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Flash: Euro remains resilient in near term against ECB easing expectations - BTMU

FXstreet.com (Barcelona) – Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the euro continues to remain resilient in the near-term to building expectations of further ECB monetary easing.

Key Quotes

ECB Governing Council member Hansson became the latest ECB member yesterday to leave the door open to further easing noting that “I think it looks like inflation will be towards the lower end (of their target) for some time”.”

“On the policy front he noted that “the options on rate cuts are still not exhausted and there are all kinds of other …read more