ECB is said to agree that risks to outlook have become more balanced

A hint at what's to come from Lagarde

Lagarde

The euro has bounced on a newswire headline saying that the ECB has agreed that risks to the outlook have become more balanced.

The report also says that economic forecasts will be broadly unchanged.

EUR/USD fell after the ECB announced a 'significantly' higher pace of PEPP purchases and hit 1.1943 but it touched a session high of 1.1973 on this.

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