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Draghi Day – will EUR/USD hit new lows?

Yohay Elam
Updated:

With the latest news pointing to less action but confusion all around, it’s hard not to refrain from superlatives regarding this critical ECB decision. The Draghi Drama is sandwiched between two appearances from Fed Chair Janet Yellen, providing an explosive setting for EUR/USD. With his previous under-promising and over-delivery, we tend to see the downside for the pair. 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.

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