EUR might be weighed by easing expectations - Danske Bank

FXStreet (Barcelona) - Jens Nærvig Pedersen, Danske Bank Analyst notes that over the weekend there was more dovish talk from the ECB with Draghi being the most prominent speaker.

Key Quotes

“It seems that the ECB has moved closer towards more easing and it might weigh slightly on EUR today.”

“However, the market is impatient with the ECB and just talk is certainly not enough for the FX Market to send EUR/USD substantially lower. Remember, the cross still sees underlying support from capital flows and the Euro area current account surplus.”