04.06.2015 - Euro takes a breather after sharp rally, awaits ECB's Mario Draghi
The euro took a breather on Wednesday a day after tracking soaring Bund yields to post its second biggest daily gain since Oct. 2011, with investors turning cautious in case the European Central Bank expressed any unease over its recent rise. With the ECB committed to turning inflation back towards 2 percent, some traders expect the bank's head Mario Draghi to use Wednesday's news conference to push back against the euro's strength and any talk that the bank's asset purchase could be curtailed...............................................Full Article: Source
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