EUR Tests ECB Resolve Ahead of Press Conference It’s been a steady, albeit unremarkable, start to trading on Thursday, with risk appetite gradually improving ahead of today’s ECB decision. The euro has been well bid this morning ahead of the ECBs interest rate decision and Mario Draghi’s press conference, with traders either anticipating taper talk or testing the central banks resolve as it prepares to further wind down its quantitative easing program. The current program expires at the end of the year and there is a clear desire to reduce it to zero and normalize monetary policy, but with this comes many obstacles, ... (full story)