Barclays expects ECB to announce more LTROs to be held in late June and announced at the central bank's meeting on Wednesday. Barclays also sees LTROs possibly continuing into September and December, as insurance against the potential intensification of deposit flights in the euro zone. "A resumption of the ECB's Securities Market Program would also likely be positive for risk, in our view," Barclays adds. EUR/USD at 1.2413.
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