Odds of more ECB easing are very high - Ilian Yotov

FXStreet (Łódź) - Ilian Yotov, Portfolio Manager at ATFX Currency Management , suggests that in the face of the stagnating Eurozone economy and persisting deflation woes in the region the possibility of ECB easing policy further is strong.

Key quotes

"The ECB President Draghi has been very clear about the ambitious plans to expand the ECB balance sheet and of the central bank's openness to use additional unconventional measures to ease policy further."

"With the ECB one step closer to launching a full-blown QE program, the divergence in the monetary policies between the ECB and other central banks is becoming bigger and even more visible, which should keep the EUR under pressure."