ECB says indicators point to strong growth momentum
Latest ECB monthly bulletin now out 22 March
- expansion may be better in near term than expected
- labour markets continue to show strong dynamics, further improvement expected
- developments support the notion of gradual uptrend in wage growth
Upbeat headlines but nothing we don’t already know from last ECB rate meeting/presser
After all the data and this EURUSD a little lower at 1.2353 as EURGBP falls to 0.8715 and EURJPY 130.50 session lows

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