Monday, May 26, 2014

Daily Report: Euro Recovered in Thin Market, ECB Draghi Affirmed June Easing

Euro recovered mildly overnight as markets digested recent decline in thin holiday trading. Nonetheless, the common currency stays generally soft against other major currencies. ECB president Draghi affirmed the expectation of policy actions in June in a speech in an ECB conference in Portugal yesterday. He noted that "more pre-emptive



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