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Draghi's big stimulus unappreciated by markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    There was massive anticipation ahead of the European Central Bank meeting this week and it turned out this was well justified. Thursday’s trading following the announcement and during the press conference of ECB President Mario Draghi produced some stomach-churning volatility in Europe’s currency and stock markets. Stocks liked the initial announcement out of the ECB, which also led the euro to drop. The measures exceeded expectations by all accounts, but during Draghi’s press conference there

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