The euro spikes following a report the ECB will discuss removing its easing bias next week
|05/30/2017||Posted by BusinessMediaguide.Com under General World News||
The euro jumped following a report that the European Central Bank will discuss removing easing bias next week.
The currency was little changed at 1.1174 against the dollar at 8:07 a.m. ET after earlier being in the red for a fourth straight session.
Reuters reported Tuesday, citing four sources, that ECB policymakers are “set to take a more benign view of the economy when they meet on June 8 and will even discuss dropping some of their pledges to ramp up stimulus if needed.”
“After the French election the political risk is clearly down and economic indicators are by and large read more >>>