14 Apr 2014
Euro weakness is intensifying - UOB Group
FXStreet (Barcelona) - Lee Sue Ann, Market Strategist at UOB Group comments that currently hovering around the 1.3850 region, the Euro’s weakness comes in the wake of the ECB’s recent efforts in intensifying its dovish forward guidance.
Key Quotes
“This week, Eurozone’s CPI inflation release on Wednesday, will be crucial as it could drive expectations for the central bank to add more monetary stimulus if inflation continues its grinding drop.”
“Other dataflow includes Monday’s area-wide industrial production report for February, Tuesday’s ZEW survey of financial analysts, Wednesday’s trade reports in Spain and Italy and Thursday’s final area- wide HICP report for March.”
Key Quotes
“This week, Eurozone’s CPI inflation release on Wednesday, will be crucial as it could drive expectations for the central bank to add more monetary stimulus if inflation continues its grinding drop.”
“Other dataflow includes Monday’s area-wide industrial production report for February, Tuesday’s ZEW survey of financial analysts, Wednesday’s trade reports in Spain and Italy and Thursday’s final area- wide HICP report for March.”