EUR/USD is testing the year's low of 1.2358 this morning following on from Friday's ugly session for the single currency
Chris Weston
Pepperstone
EUR/USD is testing the year's low of 1.2358 this morning following on from Friday's ugly session for the single currency. Mario Draghi spoke in Frankfurt on Friday and gave a fairly stark view that full blown government bond purchases are now clearly something they are exploring. The ECB president detailed that should the existing set of measures not prove 'effective enough', or should 'further risks to the inflation outlook materialise' then will do more. In this article I look at the set-up in EUR/USD and EUR/AUD - (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market price action and advise on actionable trade ideas and investments in multiple asset classes.
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Comments
Comments
Sign In or Join Free to comment