EURUSD came under pressure this afternoon as ECB President Draghi stated a significant amount of monetary stimulus is needed. The data out of Europe has been poor of late
with the chances of a rate hike in 2019 slim to none for the Eurozone.
This was re-iterated by Draghi and we could see EURUSD move back towards 1.1300 by the end of the week.
with the chances of a rate hike in 2019 slim to none for the Eurozone.
This was re-iterated by Draghi and we could see EURUSD move back towards 1.1300 by the end of the week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.