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Will the ECB Defend a Specific Yield Target?

Wed 29 Aug 12 | 01:15 AM ET
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Will the ECB Defend a Specific Yield Target?

Wed 29 Aug 12 | 01:15 AM ET
Thanos Vamvakidis, head of European G10 FX strategy at BofA Merrill Lynch, told CNBC, the ECB will try to keep its options open; they will give a strong signal to the market but stop short of defending a specific yield target.
 
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