Tag Archives: ECB Draghi

Euro jumps after Draghi press conference

The euro surged versus the dollar after European Central Bank President Mario Draghi’s press conference on Thursday. EURUSD jumped to a high of $1.3115. The single currency had been rising from $1.3023 after the ECB announced it left interest rates on hold at 0.75 percent. The markets reacted positively to Draghi’s press conference despite being initially downbeat on the economic outlook...

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March 7, 2013 @ 2:54 pm

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Euro Falls for a 3rd Day, Peripheral Bonds Suffer as Europe’s Problems Reemerge

The Euro looks set to close down versus the dollar for a third day in a row as Europe's problems are brought to the forefront again. Allegedly behind the scenes France is pushing Spain to ask for aid in order to take advantage of the positive market conditions post-Draghi's bond buying announcement. The Spanish government is still reluctant to do so, partly because the pressure of the market has...

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September 26, 2012 @ 6:39 pm

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Euro Falls for a 3rd Day, Peripheral Bonds Suffer as Europe’s Problems Reemerge

The Euro looks set to close down versus the dollar for a third day in a row as Europe's problems are brought to the forefront again. Allegedly behind the scenes France is pushing Spain to ask for aid in order to take advantage of the positive market conditions post-Draghi's bond buying announcement. The Spanish government is still reluctant to do so, partly because the pressure of the market has...

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September 26, 2012 @ 6:39 pm

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EUR/USD Unchanged After ECB Press Conference as Outcome Close to Leaks

The long awaited ECB press conference came and went but offered little new after all the leaks we have been getting in the days and weeks preceding it. The Euro closed the day practically unchanged up only 10 pips from its pre-ECB press price. The pair had a roller coaster session, the single currency first fell 60 pips from its pre-release price of 1.2620 to 1.2560, only to surge 86 pips from...

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September 7, 2012 @ 2:41 am

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