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Hardy: What's next for EURUSD as ECB and Fed rift widens
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It’s been an interesting week for EURUSD traders with minutes and speeches from the ECB and US Fed which highlight the very big and pronounced divergence in policy between the two central banks, says Saxo Bank’s John Hardy.
In a speech to a banking conference on Friday, ECB President Mario Draghi did his best to reassure markets that the European Central Bank will take additional steps to boost economic growth and ensure price stability at its December 3 meeting
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Hardy looks at the latest comments from Draghi and how all the recent central bank rhetoric may impact EURUSD in the coming days.