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Draghi Speech: ECB doves inspire EUR bears

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Global Market Euro bears were instilled with inspiration following Mario Draghi’s dovish rhetoric on the Eurozone economy in the ECB press conference. As expected his repeated mantra about the ECB implementing additional stimulus measures if needed, as a tool to promote economic growth within Europe was approved by market participants. With expectations intensifying that the European Central Bank will take action in the near future, the EURUSD instantaneously dived, burning through the 1.1300

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