Draghi sends EUR/USD below 1.15 on 60 billion combined

The size of the move was apparently not expected by the markets: EUR/USD is below 1.16 but still not at new multi-year lows.

60 billion per month up to September 2016.

EUR/USD low point 1.1509 so far.

However, the move could reverse, as often seen in similar moves.

Analysis: 5 points on why Draghi more than delivered and EUR/USD has lots more room to fall

Here it is: live blog of the Mario Draghi’s expected QE announcement – January 22 2015

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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