Draghi erased doubts cast by some of his colleagues at the ECB. Contrary to some saying that there is no need to act, the president of the ECB reiterated that his institution will re-examine the policy in December.
Draghi also explained, and EUR/USD fell, but still awaiting confirmation.
More importantly, he expressed new worries: the strengthening in core inflation  is weakening. So if we could blame low inflation on oil prices (in the euro-zone and everywhere else), this is still the single ECB mandate.
Nevertheless, some found comfort in the advance of core inflation from the lows of 0.6% to 1%. But now, Draghi said this is weakening.
So, EUR/USD is weakening:Â sliding to lower ground and slipping below 1.07. So far, the move to lower ground is not confirmed. Support awaits at 1.0660, but perhaps a break below this level will depend on Fed Chair Janet Yellen, which speaks later on:
