EUR weakness to continue on ECB policy announcement - RBS

FXStreet (Łódź) - The RBS team of analysts expect Mario Draghi to give more details on ECB's asset purchase scheme at the monetary policy meeting this Thursday.

Key quotes

"EUR weakness suggests markets have given the central bank the benefit of doubt, so the details will be important."

"Political rumblings on whether the ECB is overstepping its mandate continue."

"However, we do not expect Draghi to waver and hence expect the EUR to continue to trade weakly. This includes against GBP."