Minggu, 11 Mei 2014

Week In FX Europe – Central Banks Dominate Forex Trade Action

The ECB has finally grabbed the markets attention. Draghi's words this week have certainly hooked investor's interest for next month's meeting. Asset class should be expecting greater volatility right up to the next rate announcement and press conference. Are investors being led down a similar path they took in March when Draghi vocally tried to undermine the EUR's strength? This time seems different as Draghi dropped very strong hints at possible policy action in June. Focusing on three sets



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