With the latest news pointing to less action but confusion all around, it’s hard not to refrain from superlatives regarding this critical ECB decision. The Draghi Drama is sandwiched between two appearances from Fed Chair Janet Yellen, providing an explosive setting for EUR/USD. With his previous under-promising and over-delivery, we tend to see the downside for the pair. Wrap up of the morning show:
Draghi Day – will EUR/USD hit new lows?
