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Deadly Draghi does it again - Euro dives but something doesn't add up

Discussion in 'Market News' started by ForexLive, Nov 12, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Draghi chatter on the currency sends it lower but is he right? Back in March 2014 he made comments that around every 10% gain in the currency accounted for knocking off 0.4-0.5% from inflation, and said that the euro had gained 9% from 2012 (to the then 1.3845 level). The low in 2012 was 1.2043

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