Euro up under the influence of gossip - act. 16:45, Tuesday - TopicsExpress



          

Euro up under the influence of gossip - act. 16:45, Tuesday 04-11-2014 Agencies indicate that the ECB is increasingly the conflict, and the head of the bank less the likes of presidents of banks in the northern part of Europe. The market receives this information as a factor that reduces the chance of speeding up the buying riskier assets by the ECB. Hence, the EURUSD goes up. Reuters reports that the presidents of the European banks are not happy with the fact that Mr Draghi did not inform them about the many threads of their speeches before they are made public. In addition, reportedly accused him that contrary to the promise suggested the potential size of the asset purchase. You can guess that led opposition to the ECB President is the head of the Bundesbank, Jens Weidmann, and the second is the head of the Central Bank, Ewald Nowotny of Austria.
Posted on: Tue, 04 Nov 2014 16:24:25 +0000

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