ECB's Draghi: Geopolitical risks can have a negative impact on the outlook

FXStreet (Łódź) - The ECB head says that the economic risks continue to be “on the downside.”

• Draghi points to geopolitical tensions as a factor which could weigh on the outlook.

• New macro projections will be available in early June.

• The need to implement reforms is weighing on Eurozone recovery, Draghi suggests, adding that EU countries shouldn't unravel the reform efforts.

• “Fragmentation should decline further.”

USD/CAD bounces off 1.0870

The greenback is now gathering pace against its neighbour on Thursday, extending the rebound from session lows in sub-1.0870 levels...
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