Draghi provides inspiration to Euro bears

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 21, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EURUSD has surrendered its gains from yesterday after the euro bears were provided with encouragement following Mario Draghi repeating his dovish view on the Eurozone economy during his conference in Frankfurt. The ECB president once again made clear the possible need for increased stimulus to support the European economy which encouraged sellers and sent the EURUSD back below 1.07. Investors in particular saw Draghi’s remarks about the central bank doing what it must to boost dangerously

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