Thursday 6 December 2012

EUR plunge overnight!

EUR dropped just when Draghi was in answering a Q&A session and stating that "there was wide discussion on interest rates, decision was taken by consensus, we are operationally ready for negative deposit rates"

EurUsd dropped to 1.2950 straight.

I will not sell eurusd here but maybe more on a bounce towards 1.3000.

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