EUR Plunges After Draghi Highlights “Downside Risks”, Downplays Inflation

Just as we warned was likely, Mario Draghi first remarks were dovish, highlighting the potential downside risks in the EU economy and suggest that inflation trends were not convincing…. in other words, the un-taper is on the cards. And EURUSD reacted instantly…

This post was published at Zero Hedge on Jan 19, 2017.