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Highlights

  • Dovish Draghi can't hold the Euro back
    Dovish Draghi can't hold the Euro back

    The single currency hit near-two year highs against the US dollar yesterday despite Mario Draghi’s efforts to strike a dovish tone in his speech following the ECB governing council meeting. Draghi commented that he was in no rush to rein in the €60bn per month economic stimulus programme and he set no firm date to begin a discussion on scaling the programme back.