Euro Waits for ECB Balancing Act as Data Bump Limits Policy Reaction

[BECKHAM]

The three-pronged development of higher core CPI, improved PMI surveys, and increased excess liquidity reduces any immediate need for substantive action, like the unveiling of QE.


FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2014/05/03/Euro-Waits-for-ECB-Balancing-Act-as-Data-Bump-Limits-Policy-Reaction.html)