• EUR: Nor expecting much mark impact from ECB meeting - Citi

Market news

22 April 2021

EUR: Nor expecting much mark impact from ECB meeting - Citi

eFXdata reports that Citi discusses its expectations for ECB policy meeting.

"We expect the ECB to sound modestly dovish at today's meeting, given slow progress in vaccination and stalling inflation expectations.  We don’t expect any major policy news as financing conditions remain favorable. The asset purchase pace is likely peaking, while the Review, the potential expiry of the PEPP and the EUR probably are increasingly relevant. We don’t expect much market impact from this Meeting and see upside for EURUSD overall,' Citi adds. 

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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.