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ECB President Draghi pops EUR bulls' balloons

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Any time markets are volatile, traders look to perceived “leaders” to tell them everything is going to be alright (see the popularity of CNBC’s recent “Markets in Turmoil” specials), and today’s missionary du jour took on that mantle willingly. As widely expected, the European Central Bank did not make any actual changes to its monetary policy, but ECB President Mario Draghi’s subsequent press conference went as far as possible to reassure traders that the central bank was ready to act. Some

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