Flash: Where to focus now? – TD Securities

FXstreet.com (London) - With the ECB digested by markets, TD Securities note near term events coming into focus.

Key Quotes:

“The ECB was more aggressive than we have seen, cutting the refi rate 25bps and extending liquidity into mid-2015”.

“The focus will shift to the BoE’sInflation Report next week, where they may have a hard time following up the ECB given the better UK data of late”.

“US payrolls continues to loom as another near-term driver, and in Norway, inflation could clear up Norges Bank risks”.