The Euro (EUR) the pre ECB move saw a move above 1.2400 before Draghi failed to deliver a clear plan for the Eurozone. The market was expecting immediate measures to be announced so we saw the pair fall to back below 1.2200 in a violent move lower. The market will be looking to the downside on crosses and the majors with more pressure to be applied to the EU politician’s to quickly agree to new measures.
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