EUR/USD is in the hands of Draghi

The week of March 7-11 is dominated by the all-important ECB decision with uncertainty about what’s priced in, what the ECB will do (and it will certainly act) and the price action in EUR/USD. Will he over-deliver like in January 2015 and send the euro down? Or under-deliver like in December 2015 and send it up? Apart from the ECB, we have important Chinese indicators, rate decisions from Canada and New Zealand and the US consumer confidence report to set the final note for the week.

Here is a video preview of the week:

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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