ECB: Call for clarity – TDS

Analysts at TD Securities suggest that there is little left to be said at that the upcoming ECB meeting and there will be a call for clarity following the ECB's forward guidance as the English version differs from the French and German accounts on the timing of a possible rate hike.

Key Quotes

“We think this discrepancy – one year away – is more noise than signal and see little directional impetus for EURUSD at this time. 1.1500/1.1850 should be a range that is respected.”