The euro suffered last week from a lack of conviction about inflation. The ECB raised its growth forecasts but did not alter inflation ones too much. More importantly, they did not change their stance on monetary policy. EUR/USD was already on the rise and attempting to break 1.1860 but then dropped. The pair then extended [...]
The post EUR/USD: Draghi’s drag has its limits – 3 reasons for the recovery appeared first on Forex Crunch.
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