ECB’s Coeure says negative rates are a possibility
DislikedDon't you see. They are trying to lower the Euro with speeches, but they don't succeed!Ignored
DislikedIMHO the next stage will be setting a loose target, not a 'peg' just a loose aim and it may be Draghi to deliver it. "We'll do everything in our power to ensure that the euro falls to circa 13000 v the dollar.." etc. The hope being that talk will lower the value further before actual intervention is used.Ignored
Again, dont go in trap, this is another trap for sellers.WE got similar scenario around price 1.3300 - 1.3400.EUR/USD may test FR 61.8 % at price 1.3630 and then possible 1.3800 according to volume price action analysis.