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Wednesday, June 7, 2017

[FOREX NEWS] EUR/USD drops sharply on worries for Draghi drag

EUR/USD woke up from its pre-ECB nap and dropped some 70 pips, holding onto 1.12 at the moment. The trigger is related to the ECB meeting tomorrow. Leaks, rumors, and reports are quite common and this is no different. The ECB is reportedly going to cut inflation forecasts for 2017, 2018, and 2019 to only 1.5%, a [...]

The post EUR/USD drops sharply on worries for Draghi drag appeared first on Forex Crunch.



via Forex Crunch

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