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ECB's Bonnici: More action is likely not needed given how things are going Dhwani Mehta

11:23 23 May /2016 Forex

European Central Bank’s (ECB) Governing Council member and the governor of the Central Bank of Malta, Josef Bonnici, was on the wires last hour, noting that he doesn’t see need for further ECB action at present.

Key Quotes:

What we've done already should be enough

More action is likely not needed given how things are going

Need to let measures work their way through

Expects a bit more optimistic prognosis for inflation

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Will AUD/USD rally if the unwinding of ‘Trump trade’ gathers pace?

US President Trump withdrew his health care bill after it failed to gain enough support to pass in Congress. This is seen as a huge blow to President Trump.Moreover, the vote was seen as a litmus test of President Trump’s legislative ability. Hence, experts fear the failure to get the health care bi

03:46 27 March /2017 Forex

A major setback for the Trump trade - ANZ Ross J Burland

Analysts at ANZ explained that the failure of Donald Trump’s replacement healthcare bill to make it through congress will be viewed by the market as a major setback for the ‘Trump trade’ (although market moves late on Friday were a little surprising). Key Quotes:"But perhaps a far m

03:46 27 March /2017 Forex