EUR/USD: Draghi delivered -jawboning as usual-

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.1169 View Live Chart for the EUR/USD The common currency plunged around 150 pips against the greenback, following ultra dovish comments from ECB's President, Mario Draghi. The head of the ECB reiterated that they will maintain QE until September 2016 or beyond if needed, but added that monetary accommodation will be "re-examined" in December. Additionally, he said that officials discussed the possibility of cutting rates further into negative territory, and while he

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