The US dollar continues to ride high this morning following yesterday's battering of the single currency at the hands of a dovish European Central Bank governor.
Article / 08 March 2018 at 13:36 GMT

El BCE endurece su discurso

Head of FX Strategy / Saxo Bank
La declaración del BCE reduce su postura por la flexibilización. El organismo ha eliminado la siguiente frase presente en la anterior declaración de política del BCE: "Si las perspectivas son menos favorables o si las condiciones financieras no son consecuentes con un mayor progreso hacia un ajuste sostenido en la trayectoria de la inflación, el Consejo de Gobierno está listo para aumentar el programa de compra de activos (APP ) en términos de tamaño y / o duración ".

Esto parece eliminar la intención del BCE de aumentar el QE si la inflación no llega a objetivos, y la implicación es que no cree que una expansión del QE lleve la inflación a donde quieren de todos modos. El lenguaje que deja como fecha límite septiembre para finalizar las compras de QE (debido a que se reservan el derecho de ampliar si es necesario) permanece sin cambios.

Draghi hablará a las 1430 CE


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