Euro jumps around back above $1.15 after Draghi opening remarks

Market news

20 July 2017

Euro jumps around back above $1.15 after Draghi opening remarks

Draghi says headline inflation dampened by energy prices
Global recovery should lend support to trade
Global recorvery supporting euro zone exports
Sluggish reforms dampen growth prospects
Cyclical momentum raises chances of stronger upswing
Headline inflation likely to remain at current levels in coming months
Downside risks relate to global factors

Draghi says underlying inflation yet to show convincing sign of pick up

Analyst coverage initiations before the market open

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