by Marc Chandler - Click to enlarge Tired of reading what analysts are saying? Here is a 4.3 minute video clip of my discussion earlier today on Bloomberg TV about the outlook for tomorrow’s ECB meeting. The discussion covers various aspects of the ECB’s decision. There does seem to be a broad consensus, which is always a good news/bad news story. Last December, you may recall there also was a consensus, and although Dragh largely met it, the euro rallied strongly from near .0525 to almost .10. It took us until last month to return to those lower levels.[embedded content]
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Marc Chandler - Click to enlarge
Tired of reading what analysts are saying? Here is a 4.3 minute video clip of my discussion earlier today on Bloomberg TV about the outlook for tomorrow’s ECB meeting.
The discussion covers various aspects of the ECB’s decision. There does seem to be a broad consensus, which is always a good news/bad news story. Last December, you may recall there also was a consensus, and although Dragh largely met it, the euro rallied strongly from near $1.0525 to almost $1.10. It took us until last month to return to those lower levels.