National Australia Bank’s (NAB) Head of FX strategy, Ray Attrill, expressed his take on the Euro in his latest interview with Bloomberg TV. Key Quotes: “Draghi won’t be too governed by politics. Unless he thinks politics will affect the economic side of things. Euro weakness has been more of a welcome development. Compared to strength last year which posed a threat to their inflation objectives. If the economy is fundamentally okay and euro drop extends, ECB will be confident. But if there is pressure on periphery bond markets, then it could start to give the ECB “a pause for thought”. Political uncertainty implies further and perhaps quite a significant downside for the euro in the near-term.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: Bullish RSI divergence on 4hours chart FX Street 5 years National Australia Bank's (NAB) Head of FX strategy, Ray Attrill, expressed his take on the Euro in his latest interview with Bloomberg TV. Key Quotes: "Draghi won't be too governed by politics. Unless he thinks politics will affect the economic side of things. Euro weakness has been more of a welcome development. Compared to strength last year which posed a threat to their inflation objectives. If the economy is fundamentally okay and euro drop extends, ECB will be confident. But if there is pressure on periphery bond markets, then it could start to give the ECB "a pause for thought".… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
