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Draghi sends the EURUSD below 1.12

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Overview Undoubtedly the biggest event in FX markets today has been the ECB press conference, with dovish comments seeing immediate downside in the EUR. The central bank kept rates on hold as expected, however EUR/USD fell over 1.5 points to break below the 1.1200 handle after ECB’s Draghi stated that the central bank is set to discuss whether additional action is needed in Dec and that they are ready to expand the QE programme if needed. Other notable highlights of the press conference

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