Tag Archives: EURUSD Surges As Draghi Disappoints Again

ZeroHedge – EURUSD Surges As Draghi Disappoints Again – 6 March 2014

ZeroHedgePromises, promises. A lack of easing, aside from a promise of “lower for longer”, has driven EURUSD back above 1.38 as the market is once again disappointed by Draghi’s lack of exuberance.

  • *DRAGHI SAYS UNEMPLOYMENT STABILIZING, REMAINS HIGH (umm, continues to rise every month?)
  • *DRAGHI SAYS UPSIDE, DOWNSIDE INFLATION RISKS REMAIN LIMITED (umm, continues to plunge every month?)
  • *DRAGHI SAYS RISKS TO ECONOMIC OUTLOOK ARE ON DOWNSIDE (umm, stocks are at record highs?)
  • *DRAGHI SAYS REAL INCOME SUPPORTED BY LOWER ENERGY PRICES (umm, so no sanctions on Russia then?) Continue reading