Morgan Stanley: markets misjudged ECB’s ‘hawkish’ meeting

Euro’s exchange rate could soon see a correction as markets reprice their ECB expectations

draghi-ecb2
Mario Draghi: “The risks of deflation have largely disappeared”

CLICK HERE TO DOWNLOAD THE PDF

Investors have misread the tone of the European Central Bank’s meeting in March and overestimated its hawkishness, meaning the single currency could soon s