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Euro dips again as Draghi says ECB will shift to other instruments

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 10, 2016.

  1. ForexLive

    ForexLive Forum Member

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    What a whipsaw The euro jumped back to unchanged on the day when Draghi said the ECB doesn't anticipate lowering rates further. About 2 minutes later he said the ECB will shift to using other non-traditional instruments instead of interest rates and fresh euro selling hit in a quick 40 pip fall. Last at 1.0925.

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