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1/21/2021 2:05:54 PM GMT
The ECB has opened the door to squeezing bond buys if conditions improve.
President Lagarde s mentions of the exchange rate remain muted. 
The euro benefits from Lagarde s words that the downside risks are less pronounced.  
Subtle changes to language can be meaningful to EUR/USD traders – the European Central Bank has left its interest rates unchanged but seems more upbeat, allowing EUR/USD to rise.
Here are three changes that have pushed the common currency higher and may continue doing so.
1) Perhaps not all the support is necessary
In the statement, the Frankfurt-based institution probably conceded to German hawks, stating that it might not use the full envelope of its bond-buying scheme. If conditions improve, it would refrain from deploying the full envelope of the Pandemic Emergency Purchasing Program.  ....

Christine Lagarde , Pandemic Emergency Purchasing Program , European Central Bank , Pandemic Emergency Purchasing , Consumer Price Index , கிறிஸ்டின் லகார்ட் , சர்வதேச பரவல் அவசரம் வாங்குதல் ப்ரோக்ர்யாம் , ஐரோப்பிய மைய வங்கி , சர்வதேச பரவல் அவசரம் வாங்குதல் , நுகர்வோர் ப்ரைஸ் குறியீட்டு ,