Dovish Draghi? Doesn’t convince EUR/USD – jumps 80 pips

The President of the European Central Bank meets the press after they left interest rates unchanged[1]. Markets were anticipating any kind of hint towards the next move of the ECB, namely QE tapering. An announcement is expected in September.

EUR/USD retreated from the highs seen earlier in the week ahead of the event.

Follow the live blog and live coverage of the event:

Draghi Live blog

ECB Live coverage

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