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EUR/USD trapped between ECB's rock and Fed's hard place

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 22, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The euro finished the week on a negative note, having fallen temporarily below 1.0800 as the European Central Bank left the door open to further easing in March. In a press conference ECB President, Mario Draghi said Thursday that the ECB will possibly reconsider monetary policy stance at next meeting as downside risks have increased. He added there are “no limits” on how far ECB is prepared to act, raising speculation the bank is laying the ground for further stimulus measures at its

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