ECB Draghi: No excluding use of all other instruments

FXStreet (Bali) - Draghi made no mention on whether or not the deposit rate has reached its lower bound, adding that no excluding the use of all other instruments.

Additional headlines

ECB won't be hampered by technical hurdles in QE.

Will review technical aspects of QE "in the Spring"

Recovery is becoming broader

Recovery driven mainly by consumption

Gradually our QE is translating itself into improving economic conditions

EUR/JPY off highs, back to 133.00

After climbing as high as the vicinity of 134.00 the figure, EUR/JPY is now giving away part of that spike and receding towards the 133.00 area...
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Gold/EUR tanks after Draghi kept QE size unchanged

Gold prices in the EUR terms ticked lower following the expected cut in the deposit rate and extended losses further after the ECB’s Draghi surprisingly kept the size of the QE program unchanged.
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