Guess what!? EUR/USD at new low after Draghi!

eur-usd 06.11.

ECB leaves key rates unchanged, main at 0,05%, depo at -0,2% and marginal at 0,3%, but then comes dovish Mr. Draghi at the press conference and brake euro down. He said, ECB unanimous in commitment to act again if needed. No shit!? 🙂

EUR/USD brake previous two year low at 1.2440/50 and stoped at 1.2395, in thoose moments try to recover and manage to catch 1.2430 for now. Could this previous support hold euro on the way back? Applause to Mr. Draghi for now, he did what he wanted without concrete actions today. What do you think traders?

4 comments

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s