Week in FX Europe – Few Surprises, More Questions

ECB continues its dovish, dulcet tone Investors seek BoE timing clues next week No fast-forwarding QE for Draghi Nowadays it's in a central bank's DNA to jawbone a currency lower. If it's not Governor Glenn Stevens at the Reserve Bank of Australia, then it's the European Central Bank's (ECB) President Mario Draghi. There were no surprises yesterday from either the Bank of England (BoE) or ECB on the rate front, with both institutions holding firm on main lending rates. With respect to the



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