Draghi says large FX movements bound to have pass-through

Market news

25 January 2018

Draghi says large FX movements bound to have pass-through

Don't target fx rates
Issue is whether fx movements have impact on inflation path
Too early to assess whether pass-through has taken place
Cause of forex, rate change is heightened mkt sensitivity to perceived changes in ECB comms

Before the bell: S&P futures +0.29%, NASDAQ futures +0.65%

Euro extends gains, up more than 1 pct on day

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.