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Euro bulls take heart from ECB currency talk, tighter liquidity could push euro higher

Posted on 08 October 2013

After what was seen as a lukewarm protest against a strengthening euro by European Central Bank chief Mario Draghi last week, financial markets are gunning for more gains for the single currency.
On the face of it, the bank has done much on actual policy to lay the ground for a halt in the currency’s gains, allying an extremely cautious view on the euro zone’s recovery to a promise to pump yet more money into the banking system if market interest rates show even a hint of rising………………………………………..Full Article: Source


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