Draghi speech: removal of easing bias is a backwards looking measure

More comments from the ECB President Mario Draghi’s post-meeting press conference:

   •  Removal of easing bias is a backwards looking measure
   •  Turnaround in Euro area warrants dialing back policy
   •  Protracted instability could undermine economic confidence
   •  Market reaction to Italy was similar to recent votes in Europe

Mexico 12-Month Inflation below forecasts (5.37%) in February: Actual (5.34%)

Mexico 12-Month Inflation below forecasts (5.37%) in February: Actual (5.34%)
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EUR/GBP quickly reverses post-ECB gains, back around 0.8925

   •  A downward revision of the ECB's inflation forecast prompts some selling.    •  Draghi's comments on FX risk add to the downward pressure. The
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