ECB's Praet says ECB can alter QE

More ECB talking heads ahead of Draghi

  • ECB can alter size, composition and duration of QE
  • ECB will play its part in recovery as long as needed
  • Other policy makers have to address recovery hurdles

Whatever hawkishness the euro got from the other ECB comments earlier has been almost completely wiped out. No one bets on Draghi to be hawkish

EURUSD is down to 1.1120 from its dizzying highs at 1.1176

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