Thursday, December 6, 2012

EUR/USD Breaks Below 1.30 – Extended Draghi Drag

EUR/USD extended the falls it encountered during the ECB press conference, where Draghi hinted of greater demand for a rate cut within the central bank, and also lowered the growth forecasts. The move of over 70 pips might encounter support. Draghi said that there was a wide discussion about the rates this time. This is
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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