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FTSE under pressure on tumbling oil prices

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Draghi stifles the euro market by Ipek Ozkardeskaya The severely downbeat speech from the ECB President Draghi stifled the euro market this morning. Euro shortly slipped below 1.07 mark as Draghi said that the bond purchases program could extend past September 2016 if needed. The possibility of deeper negative rates from December remains well alive. The market is already positioned deeply short on anticipation of a further unorthodox move from the ECB. Draghi’s speech today has been a

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