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Draghi fails to inspire

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    You don’t need to be a Nobel Prize winning economist to work out that the European Central Bank disappointed markets overnight – well at least in the short-term. Judging by the ensuing reaction from the Euro, their efforts to spur on confidence by extending their stimulus program(s), was a flop. I guess the tough talk has finally worn thin. Those expecting the Euro to continue towards parity against the dollar have reactively changed or are reconsidering their views. Goldman Sachs are

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