Draghi: recalibration of app reflects growing confidence in convergence towards inflation target

Draghi is speaking at the press conference: Recalibration of app reflects growing confidence in convergence towards inflation target. Continued mo
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EUR/GBP tumbles to lows, below 0.89 handle as the ECB presser gets underway

   •  Draghi: rates to remain at current level for an extended period of time.    •  Still need for substantial degree of accommodation. The EUR/GBP
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