FX Daily

It is a very thin calendar and most focus will be on speeches by Draghi andWeidmann. However, they will both speak at the European Banking Congress andthere will probably be much less focus on monetary policy compared to earlier thisweek, when Draghi said that the current purchase programme could be expanded toinclude government bonds.

The sovereign debt ratings of Denmark, Greece and the Netherlands are up forreview. We might see a change to ‘positive’ in the outlook of Greece’s rating.

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