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Draghi-Day: EUR/USD holding its breath

After markets crashed and tried to stabilize, the focus shifts to one of the more stable pairs of late: EUR/USD. Tension towards the ECB kept it in range, but now the wait is over. While no action is expected, Draghi’s dilemma is:to jump into the global currency wars in order not to lose them or refrain from saying something that would endanger his credibility after the disappointing reaction last time.

Here is the wrap up of the morning show:

Yohay Elam

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.