Any Immediate Eur Upside Is Limited

Any Immediate Eur Upside Is Limited


Quotes from Standard Chartered:
-The Fed's most recent lack of action will colour the market's interpretation of the ECB's actions, which is likely to temper any positive reaction to events in Europe.
-With double-barrelled easing now off the table, any immediate euro (EUR) upside is limited and will require a major package of initiatives to generate a large market response.
-At the same time, investors are likely to be increasingly sensitised to a disappointment from the ECB should it fail to live up to the expectations it has raised.




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