What did you learn from the stories that you were told as a child? Do you trust people that say one thing and then do another? If you’re interested in human behaviour, and you should be if you are a trader, then the polarising interpretations of Mario Draghi’s comments overnight between the economist notes and traders via EUR/USD price action is fascinating! Following Draghi’s monthly speech in Frankfurt overnight, we heard once again that the ECB was ‘ready to take action’ in March (their next decision, with no February meeting) as global risks escalate and inflation goals slip further away. (full story)