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ECB’s Hansson: Euro's gains so far are not `a big change'

The European Central Bank (ECB) policy maker and Estonian central bank chief Ardo Hansson crossed the wires late-Wednesday, via Bloomberg, speaking on the recent Euro appreciation in  an interview in his office in Tallinn.

Main Headlines:

Not concerned about the strength of the euro as officials are preparing to discuss winding down their bond-purchase program

"We've been moving in a corridor where I don't think it's a big change," 

“It’s not surprising that markets might react and say, on balance, we’re more upbeat about Europe than we were a while ago, which will cause the currency to be a bit stronger.”

“There are two things here: one is an easing bias and the other is a bias in favor of a particular instrument.”

“Maybe we want an easing bias, but we will deliver it in somewhat different combination. We are not going to tie ourselves to a particular instrument, but leave more flexibility to how we technically deliver that degree of accommodation.”

Gold - Bullish move stalls above $1290 ahead of Jackson Hole

Gold bulls are again struggling to push through the key resistance zone of $1290-1300, despite Wednesday’s sharp rally from the low of $1282.  The cu
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USD/JPY grinding higher to 109.20 in the Tokyo session

Currently, USD/JPY is trading at 109.03, down -0.01% on the day, having posted a daily high at 109.07 and low at 108.85. USD/JPY is currently making
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