Draghi tries to talk down euro ... doesn't work

|By:, SA News Editor

The recent volatility in the euro is a "source of uncertainty which requires monitoring," says the ECB chief early in his post-policy meeting press conference.

Currency traders aren't having it, driving the euro even higher, now ahead 0.6% on the day to a new multi-year high of $1.2480. European stocks remain modestly in the green.

ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR, DEUR, UEUR

Previously: ECB leaves policy unchanged (Jan. 25)

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