Draghi tries to convince markets that they are not talking about tapering but does say they will talk about the next moves in the autumn. The ECB PResident finds himself explaining the communications, trying to explain that “we are not there yet” regarding inflation. Markets don’t buy it. The next move is tapering and the situation is improving. EUR/USD is shooting higher. Update: EUR/USD leaps to highest since 2015 on Draghi, Trump trouble Follow the live blog and live coverage of the event: Draghi Live blog July 2017 – as it happened ECB Live coverage July 2017 – as it happened Trade safely! July 2017 ECB background The President of the European Central Bank meets the press after they left interest rates unchanged. Markets were anticipating any kind of hint towards the next move of the ECB, namely QE tapering. An announcement is expected in September. EUR/USD retreated from the highs seen earlier in the week ahead 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. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD leaps to highest since 2015 on Trump trouble, Yohay Elam 6 years Draghi tries to convince markets that they are not talking about tapering but does say they will talk about the next moves in the autumn. The ECB PResident finds himself explaining the communications, trying to explain that "we are not there yet" regarding inflation. Markets don't buy it. The next move is tapering and the situation is improving. EUR/USD is shooting higher. Update: EUR/USD leaps to highest since 2015 on Draghi, Trump trouble Follow the live blog and live coverage of the event: Draghi Live blog July 2017 - as it happened ECB Live coverage July 2017 - as… 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.