Coeure creates speculations ECB will continue bond purchases

Note: This section contains information in English only.
Source: Bloomberg
Benoit Coeure, the member of ECB board proved a speculation ECB may renew its bond buying program in order to cut Spanish yields as European debt turmoil threatens to appear again. Coeure reminded on Wednesday the ECB has an instrument to justify Spain's market conditions. 17-nation currency appreciated and Spanish borrowing costs fell on the announcement. 
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