Draghi to hold talks with Weidmann on bonds purchases, new LTRO and rate cuts
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EUR/USD
FXstreet.com (San Francisco) - Blooomberg TV has announced that European Central Bank president Mario Dragui will hold conversation with Jens Weidmann, Bundesbank president on discuss about Bond purchases, Rate Cut, and new LTRO.
The meeting would be before August 2nd Ecofin meeting. At the same time, a ECB spokeman said he "Won't confirm or deny Draghi meeting with Bundesbank head," according to recent CNBC tweet. It is "normal" for Draghi to talk with governing council members."
Market has reacted on risk appetite and Euro extended gains during the American afternoon and printed a fresh 3-week high against the dollar after Draghi rumours, but right now the EURUSD is falling back bellow 1.2300 mark.
The meeting would be before August 2nd Ecofin meeting. At the same time, a ECB spokeman said he "Won't confirm or deny Draghi meeting with Bundesbank head," according to recent CNBC tweet. It is "normal" for Draghi to talk with governing council members."
Market has reacted on risk appetite and Euro extended gains during the American afternoon and printed a fresh 3-week high against the dollar after Draghi rumours, but right now the EURUSD is falling back bellow 1.2300 mark.
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