Trichet is going out of his way to knock down the notion of the ECB communicating with the markets via anonymous pronouncements like those which moved the market late last week. He stressed the extremely transparent communication policy of the ECB and said there is no reason to speak anonymously.
EUR/USD is working toward session highs as the market assumes multiple hikes ahead from the ECB, to 4% at a minimum from 3.5% presently. A break of 1.3025/30targets a run at 1.3065 highs posted last Friday.
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