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Published on Friday, January 12, 2018

Market Comment | ECB minutes left the EUR at its 3-year highest level

The EUR reached the 1.21 level against the USD after the publication of ECB minutes (see). German bond yields also rose. The ECB minutes hinted at a forward guidance change as soon as early 2018 (see), amid a QE debate in which ECB hawks may be taking the lead (see). Nonetheless, ECB members pointed out […]