The Euro closed the week 319 pips higher against the dollar and 268 higher against the Japanese Yen on the back of the Fed’s decision to launch QEX. Since this was the most important news event of the past week and markets didn’t move much until the FOMC’s decision on Thursday, we’ll focus this article […]
Read Some MoreThe Euro spent most of last week ignoring important news releases and instead focusing on central bankers and their thoughts/speeches. ECB’s President Mario Draghi made an appeal to the german public in an opinion piece written in the Weekly Die Zeit. In it, he tried to make a case for what we called “exceptional measures”. […]
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