Intraday Market Thoughts

Euro Lifted by Draghi, Faces Yellen

by Ashraf Laidi
Feb 6, 2014 15:47

Another ECB press conference sends the euro higher as European Central Bank president Draghi did not share markets' concerns with prolonged declines in inflation. Not only Draghi touted the benefits of low inflation on real incomes, but also explained falling prices to be largely a result of weak energy prices and concentrated in bailout countries. How will the euro face Yellen's testimony next week? More

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Euro Lifted by Draghi, Faces Yellen - Ecb Rates Liquidity Eonia Feb 6 (Chart 1)


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