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ECB President Mario Draghi's press conference is underway and he opens saying risks to the...

ECB President Mario Draghi's press conference is underway and he opens saying risks to the economic outlook are to the downside and policy will stay accommodative as long as necessary. The euro goes whoosh, diving more than 60 pips to $1.2783. FXE -0.5% premarket.
Comments (1)
  • Mario did not mean anything, he was just making small talk and was overheard. New at the job and all that. Wait, he will amend his remarks, maybe. Of course it is possible he is correct and entirely sober. Down in Europe seems possible. Euro at par on USD?
    4 Apr 2013, 09:16 AM Reply Like
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