Published on Friday, September 8, 2017

Market Comment | The euro reaches pre-QE levels

Summary

This week the euro reached levels of December 2014, previous to the implementation of ECB’s Public Sector Purchases Programme (PSPP). Although at Thursday’s meeting the ECB forewent any change in the ECB’s monetary policy stance, the strength in the European took place on the back of preliminary discussion on alternative scenario to calibrate the current QE […]

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BBVA Research BBVA Research

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market-comment_182604.pdf

English - September 8, 2017

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