A dovish Draghi empowers Euro bears

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Euro bears received ample encouragement during trading on Thursday following Mario Draghi’s very dovish rhetoric towards the health of the Eurozone economy and this consequently sent the EURUSD sinking to fresh daily lows at 1.078 as of writing. In the press conference Draghi highlighted that slowing global growth and emerging market weakness has left the Eurozone exposed to downside risks, while plunging oil prices sabotaged the Eurozone’s 2% medium-term inflation target. Although it was

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