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Draghi Says ECB to be Patient with Hike Timing; Brexit Bill Back to the House of Commons

JFD

During the European morning Tuesday, the euro came under some selling interest following Draghi’s remarks that the ECB will remain patient in determining the timing of its first rate increase. In the UK, with no major economic data releases on their agenda, pound traders are likely to focus on UK politics, and the return of the Brexit bill back to the House of Commons.

Draghi: ECB to be Patient with the Timing of the First Rate Increase

The euro ended the day mixed against its G10 peers yesterday. It gained against SEK, NOK and GBP in that order, while it underperformed against USD, AUD, JPY and CHF. The common currency traded virtually unchanged against NZD and CAD...

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Source: https://research.jfdbrokers.com/en/research-education/jfd-research/daily-market-report/6-daily-market-report/14464-draghi-says-ecb-to-be-patient-with-hike-timing-brexit-bill-back-to-the-house-of-commons
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