ECB to debate QE exit in June 14 meeting - Bloomberg

Eren Sengezer FXStreet

According to a Bloomberg report, the European Central Bank is going to have a 'live discussion' of a possible QE exit during the next meeting that will take place on June 14th. However, that doesn't necessarily mean that a QE exit strategy will be announced during the press conference.

With the initial reaction to this development, the EUR/USD pair quickly jumped to 1.17 to retrace its daily losses. As of writing, the pair was trading at 1.1690, losing 0.1% on the day.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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