Draghi to stress need for continued structural reforms in the EU today - FXBeat

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - Jamie Coleman suggests on FXBeat that ECB head Mario Draghi's speech today before the European Parliament won't differ much from the July monetary policy statement.

Key quotes

"Expect a repetition of much of the statement from the July meeting with special emphasis on the need for continued structural reforms from European governments."

"Dovish talk has had very limited impact of late."

"I think only a greater note of alarm from Draghi on the negative impact of euro strength and clear signs that he is willing to take specific action to counter-act it will move markets."

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