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EUR/USD drops sharply and 10yr Bund.....>

EURO-DOLLAR: EUR/USD drops sharply and 10yr Bund yields fall to fresh record
lows on the initial comments from Draghi at Sintra. Draghi highlighted that
further interest rate cuts remain part of the ECB's toolkit, adding that if the
outlook does not improve, additional stimulus may be needed. EUR/USD fell
through today's and yesterday's lows to hit the lowest level in two weeks. 
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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