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Lagarde Q&A: We have not had a discussion on whether it’s time to stop cutting

  • This was a unanimous decision
  • At this point in time we are still in restrictive territory
  • We have not had a discussion on whether it’s time to stop cutting
  • This is the direction we will take but the sequence will be informed by the data

These comments strongly confirm a dovish bias and have trimmed the earlier pop in the euro.

This article was written by Adam Button at www.forexlive.com.

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