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Draghi's decision to extend QE inspires EUR bulls

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 3, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Euro bulls were installed with inspiration following the ECB’s under delivery on the implementation of measures to raise inflation as quickly as possible. Investors were left empty handed with punctured expectations when the central bank decided to extend QE untilMarch 2017, rather than increasing it as anticipated. Despite the static inflation growth in Europe, deposit rates were cut by only -0.1% and this unsurprisinglydovish stance simply invigorated the Euro bulls. It seems that the ECB

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