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Just how divided is the ECB? – #SaxoStrats

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January 19, 2017 draghi ecb, ecb policy, eurusd, fed, forex, fx, john hardy, president, saxostrats, trump, yellen
The European Central Bank meets on Thursday and its president Mario Draghi still has questions to answer over inflation, says Saxo Bank’s head of FX John Hardy.

Draghi also faces dissent from within the ECB’s governing council about the ECB’s QE programme, which could lead to a key test of EURUSD.

Hardy also wonders how USD may act if president Trump speaks about the US dollar at his inauguration on Friday.