Look for a kneejerk reaction post-ECB; A one-off upside targeting 1.20 - ING - ConsultFX

Look for a kneejerk reaction post-ECB; A one-off upside targeting 1.20 - ING

ING on Thursday's ECB decision ING FX Strategy Research discusses EUR/USD outlook going into the ECB meeting on Thursday. "We expect the ECB to announce a 'lower for longer' QE tapering, reducing the monthly QE purchases to €25bn and extending them until the end of 2018," ING argues.  Copyright 2015 Forexlive.com