Draghi sends EUR/USD below 1.15 on 60 billion combined

The size of the move was apparently not expected by the markets: EUR/USD is below 1.16 but still not at new multi-year lows.

60 billion per month up to September 2016.

EUR/USD low point 1.1509 so far.

However, the move could reverse, as often seen in similar moves.

Analysis: 5 points on why Draghi more than delivered and EUR/USD has lots more room to fall

Here it is: live blog of the Mario Draghi’s expected QE announcement – January 22 2015

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.