Draghi Q&E: "is this called tapering?"

Draghi taking questions at presser: 

  • This is a downsize.
  • Consistent with feedback rule.
  • Not tapering.

Draghi Q&E: no fixed timeframe for ‘medium-term’ concept

Draghi taking questions at presser:  ECB’s Draghi: QE won’t stop suddenly
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USD/JPY inching closer to 114.00 mark amid notable USD demand

   •  Supported by resurgent USD demand and fading safe-haven demand.    •  Weaker US bond yields could limit additional up-move. The USD/JPY pair h
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