Draghi Speech: Downside risks relate to global factors

Mario Draghi, President of the ECB, continues to make comments on monetary policy, with key headlines, via Reuters, found below:

• Cyclical momentum raises chances of stronger upswing
• Downside risks relate to global factors
• Headline inflation likely to remain at current levels in coming months
• Underlying inflation yet to show convincing sign of pick up
• Underlying inflation to rise only gradually

Key notes:

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ECB's press conference

Following the ECB´s economic policy decision, the ECB President gives a press conference regarding monetary policy. His comments may influence the volatility of EUR and determine a short-term positive or negative trend. His hawkish view is considered as positive, or bullish for the EUR, whereas his dovish view is considered as negative, or bearish.