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ECB's Draghi: 2017 inflation seen at 1.7% vs. 1.3%

ECB procejtions:

  • 2018 Seen at 1.6% vs 1.5%
  • 2019 Seen at 1.7% vs 1.7%
  • 2017 GDP seen at 1.8 vs 1.7
  • 2018 GDP seen at 1.7% vs 1.6%
  • 2019 GDP seen at 1.6% vs 1.6%

EUR/USD clings to gains on Draghi’s presser, around 1.0560

The demand for the single currency seems to lose some traction as President M.Draghi’s press conference is under way, with EUR/USD struggling to exten
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ECB's Draghi says risk of deflation largely disappeared

More from the press conference:   No signs yet of upward trend in underlying inflation Headline CPI to remain at levels close to 2 pct in coming
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