Currency Analyst since 2010

ECB’s Draghi: new comments

The ECB’s President Mario Draghi said today that that euro exchange rate is not a policy target for the central bank, but is important for price stability and growth. According to the central banker, recent EUR strength can be explained to some extent by the return of confidence in the common currency.

EUR/USD has finally breached $1.3050 support.

Photo: Reuters


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