ECB Update
Mario Draghi does it again and successfully “talks” down the EUR during today’s ECB Press Conference. The EURUSD immediately dropped off around 100+ pips as the ECB President gave a signal that the ECB may extend QE measures in March. Draghi said in the introductory statement that the downside risks that emerged since the start of the year meaning that there is the “need to review and possibly reconsider” the policy stance in March.
Janne Muta
Chief Market Analyst
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About Janne Muta, HotForex’s Chief Market Analyst
Janne Muta is a seasoned industry professional with over 16 years experience in the global markets. Originally from Finland, Janne has worked for institutions in both Helsinki and London as an institutional fund manager, global market analyst and FX educator.
Traders and fund managers from around the world have benefited greatly from Janne’s technical analysis methods. The indicators and price action based trading models he has developed, have, after rigorous testing, proven to be invaluable in identifying high probability trades.
“My mission is to help you to become a confident and successful trader”
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