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ECB to Meet Inflation Target is Matter of Credibility; BoE Carney's Speech in Focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The only notable event yesterday was the speech from the ECB President Mario Draghi. The euro inched higher due to his comments, that it’s matter of credibility to meet the inflation target. The greenback was higher mostly against the commodity currencies as they suffered once more from the dropping oil price. ECB Draghi: Credibility Hinges on Meeting Inflation 2% Target The single currency rose against its G10 counterparts as the ECB President Mario Draghi appeared confident and knowledgeable

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