SaxoTV

Hardy: EURUSD phase change after ECB conference?

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The ECB is trying, and failing, to solve big problems: a strong Euro, stagnant inflation and govt bond yields higher then when QE was introduced, to name but three. 300 billion euros later and the problems persist. So today there was an enhanced air of expectation ahead of the ECB announcements and what Mario Draghi had to say.  

Saxo Bank's Head of FX Strategy John Hardy has been watching the latest ECB developments very closely and he gives us his reaction and trading strategy for EURUSD.