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Draghi ready to act – others need to do something

The president of the European Central Bank meets the European Parliament for a testimony. There is enough time until the upcoming meeting in March, so Draghi may feel free to express his thoughts about that meeting.

In addition, he recently received more backing for action from Jens Weidmann, the president of the German Bundesbank. Will he hit the euro when it’s down?

Here is a live blog of the event:

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.