ECB: Market misjudged Draghi's speech on stimulus on Tuesday

According to a recent Bloomberg story, an ECB source claimed that ECB President Draghi's speech on Tuesday was intended to be balanced and the market misjudged it. Furthermore, vice president Vitor Constancio said that Draghi's comments were over-interpreted and the projected timeline greatly exaggerated.

Bullish break in EUR/USD - Rabobank

Hawkish comments from ECB President Draghi provided EUR/USD with sufficient upside momentum to break above the early June daily tops at 1.1285/84, not
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GBP/USD neutral, room for a test of 1.2920 – UOB

Cable stays on a neutral stance and could attempt a visit to the 1.2920 region in the near term, noted FX Strategists at UOB Group. Key Quotes “GBP
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