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How FX markets may react to the ECB meeting: Hardy

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Saxo Bank's Head of FX Strategy, John Hardy, predicts a short lived rise in the euro if the European Central Bank only takes small measures this Thursday.

Alternatively, Hardy warns, if the ECB makes impactful measures it would be good news for the Eurozone, but could lead to a sell off in the euro.

John discusses what options are on the table and the effects any ECB move could have on currency pairs including EURCHF.