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Draghi expected to talk down EUR – Danske Bank

Analyst Mathias Mogensen at Danske Bank sees ECB’s Draghi delivering a dovish message at this week’s appearances.

Key Quotes

“FX markets are likely to get a calm start to the week today with no major releases in the data calendar unless there are any sudden announcements from US President Trump”.

“The key events of the week will be ECB President Mario Draghi’s speeches on Wednesday in Germany and later in the week at the Jackson Hole symposium”.

“We look for Draghi to take a dovish stance on the outlook for ECB monetary policy, which could send EUR/USD to the low end of the current 1.15-1.20 trading range”.

If EUR/USD weakens, this could stall the gold rally - HSBC

Analysts at HSBC offer brief insight on their outlook for EUR/USD, following the recently released ECB minutes, and what it means for the latest gold
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Jackson Hole Symposium: Focus will be on Draghi and Yellen - ANZ

In his speech at the Jackson Hole meeting, ECB President Draghi is expected to give further sign of ECB's growing confidence in the euro area economy
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