ECB expected to remain very dovish – KBC

FXStreet (Barcelona) - The KBC Bank Research Team expects Draghi to maintain a dovish stance in today’s ECB meeting.

Key Quotes

“There are no new decisions expected at today’s ECB meeting, but that doesn’t mean that it won’t be interesting. We get the new ECB staff forecasts and there will be a lot of questions about the comments of ECB Coeuré on the logistics of the purchases programme. Last but not least there is Greece and the attitude of the ECB. We expect ECB president Mario Draghi to keep a dovish stance, but incite governments to do more about economic reform.”